White House: Jobs data shows Obama policies working (Reuters)

Friday, March 4, 2011 8:01 AM By dwi

WASHINGTON (Reuters) – White House economist Austan Goolsbee said on weekday the Feb jobs inform showed President Barack Obama's policies were working to meliorate the economy, but he said more necessary to be finished to create jobs.

"We will move to work with legislature to encounter structure to reduce spending, but not at the cost of derailing advancement in the employ market," Goolsbee said in a statement.

The Labor Department inform free on weekday showed that U.S. employers hired more workers in Feb than in any period since May terminal assemblage and the unemployment rate dipped to 8.9 terminal month, a nearby two-year low.

(Reporting by Jeff Mason and Matt Spetalnick)


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