Reid J. Epstein
January 10, 2014
President Barack Obama’s White House met Friday’s disappointing December jobs report with a shrug.
Even though the Labor Department’s estimate of 74,000 new jobs in December was far below projections, Jason Furman, the chairman of Obama’s Council of Economic Advisers, pushed the message that the economy is on the upswing — and would be damaged if Obama’s push to extend unemployment benefits fails in Congress.
“We continue to focus on the longer-term trend in the economy — 2.2 million private sector jobs added and a 1.2 percentage point decline in the unemployment rate over the course of 2013,” Furman said in a White House blog post.