White House Adviser Minimizes Bad Jobs Report

Jobs Report
Jobs Report

WASHINGTON -- A top White House economic adviser says the upward tilt over the past six months in new jobs is a better indicator of the U.S. employment picture than a gloomy report Friday that warned of slow growth ahead.

Austan Goolsbee, who heads the president's Council of Economic Advisers, says the addition of a million new jobs over the past six months shows "we have improved a long way from when the economy was in rescue mode."