June 19, 2013

Politics

White House blames larger labor force for higher unemployment numbers

BY: CHARLIE SPIERING NOVEMBER 2, 2012 | 9:46 AM
Leave a comment

In a statement on the unemployment numbers revealed today, White House Chairman of the Council of Economic Advisers, Alan B. Krueger explained that the rate ticked up to 7.9 percent because more people are entering the labor force.

“The household survey showed that the unemployment rate ticked up from 7.8 percent in September to 7.9 percent in October, largely because more people entered the labor force,” he wrote, noting that the labor force rose by 578,000 people in October.

“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,” he continued.

 

View article comments Leave a comment

More from washingtonexaminer.com

Related Articles

From the Weekly Standard

  • Frack to the Future

    Williston, N.D.

    Read More...
  • Downsize Ike

    The beleaguered Eisenhower Memorial Commission holds its next public gathering later this month, and before its members duck-walk into the hearing room, huddled in a hoplite phalanx against a...

    Read More...
  • The Lesson of Kermit Gosnell

    What was the lesson of the Kermit Gosnell trial? Since the Philadelphia doctor was convicted last month of murdering three born-alive infants, two competing viewpoints have emerged.

    Read More...