Washington (CNN) – Both the White House and Republicans are weighing in on the new unemployment report. And as expected, their reactions were completely different.
The U.S. Bureau of Labor Statistics released a better than expected jobs report Friday, with 195,000 jobs added to the economy while the unemployment rate remained unchanged at 7.6%.
(CNN) – Top White House economic adviser Alan Krueger is leaving the Obama administration and returning to Princeton.
"I am deeply grateful to President Obama for the opportunity to serve twice in this administration,” Krueger, the chairman of the president's Council of Economic Advisers, said in a statement on Tuesday. "It has been one of the highest privileges of my life to serve the American people."
Washington (CNN) – On Tuesday night Republican Rep. Paul Ryan took issue with President Barack Obama's proposal to increase the minimum wage arguing it will hurt, not help, the working poor.
"The goal ought to be to get people out of entry level jobs and into better jobs, better paying jobs. That's better education, that's a growing economy," the chair of the House Budget Committee said in an interview with CNN's Jake Tapper, "I don't think raising the minimum wage, and history's very clear about this, doesn't actually accomplish those goals."
(CNN) – Alan Krueger, the chairman of the White House Council of Economic Advisers, says economic data is volatile, but trending upwards.
Washington (CNNMoney) – A top White House economic adviser said that congressional deadlock on extending payroll tax cuts and unemployment insurance benefits threatens the U.S. economy, in excerpts of prepared remarks released Wednesday.
Alan Krueger, the chairman of the Council of Economic Advisers stresses the economic importance of keeping the 2% payroll tax cut and emergency unemployment benefits to more than 160 million American workers.FULL STORY
Washington (CNNMoney) - President Obama on Monday nominated Alan Krueger to run his Council of Economic Advisers, moving to fill an important vacancy on an economic team that has undergone a nearly total makeover.
Krueger, 50, a Princeton University economics professor, would step up to the vacancy created by the departure of Austan Goolsbee.FULL STORY
(CNN) - President Barack Obama on Monday nominated Alan Krueger to be the new chairman of the White House Council of Economic Advisers.
Krueger is a Harvard-educated economist at Princeton University who served as assistant secretary for economic policy and chief economist of the U.S. Department of the Treasury earlier in Obama's term.