Feb 1, 2013 Comments Off Chuck Biscuits
Excerpted from The Washington Examiner: Today’s unemployment report for January 2013 was released this morning showing that unemployment went up from 7.8 percent to 7.9 percent.
According to Alan B. Krueger, the White House Chairman of the Council of Economic Advisers, this is an improvement although he again warned against looking too much at one month of statistics.
“While more work remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to heal from the wounds inflicted by the worst downturn since the Great Depression,” Krueger said in a statement. “It is critical that we pursue the policies needed to build an economy that works for the middle class as we continue to dig our way out of the deep hole that was caused by the severe recession that began in December 2007.”