Sponsored Links

White House's Goolsbee: need private-sector jobs

Related Topics

WASHINGTON, June 3 | Fri Jun 3, 2011 10:06am EDT

WASHINGTON, June 3 (Reuters) - Private industry must create more jobs now that the government has stopped the job losses that were occurring when the Obama administration took office, White House economist Austan Goolsbee said on Friday.

"What we want for growth is that it be centered in the private sector," he said in an interview on Reuters Insider television. "The government sector stepped in (with) a rescue when the President took office (and) we were losing more than 750,000 jobs a month and we have clearly turned around from that ethically awful situation."

He said Friday's report showing only 54,000 jobs created in May represented one of the "rough patches" that were inevitable but said the focus was unchanged, "We've got to do what we can to get the private sector leading the recovery." (Reporting by Glenn Somerville; Editing by James Dalgleish)

Markets
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
Txman2011 wrote:
Yeah!!! Mr.Goolsbee..Just go ahead and waive that Magic Wand and start telling The private sector too hire more people..What a pathetic joke.
This White House couldn’t run a Hot Dog stand..Better yet create jobs.
NOBAMA 2012!!!

Jun 03, 2011 12:05pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
See All Comments »