White House says employment will continue to lag

Discussion in 'Wall St. News' started by ASusilovic, Nov 3, 2009.

  1. WASHINGTON (MarketWatch) -- Job creation will continue to lag even as the economy recovers, White House budget director Peter Orszag warned Tuesday. In remarks prepared for delivery at New York University, Orszag said the United States is "somewhere between" the stages when hours worked increase and additional workers are hired. Orszag also repeated that President Barack Obama is committed to cutting the deficit and that health-care reform won't add to the deficit.

    http://www.marketwatch.com/story/white-house-says-employment-will-continue-to-lag-2009-11-03-1115350

    There are some officials out there who simply should STFU !:mad: