White House: Uptick In Jobless Rate A 'Self-Inflicted' Wound - Spokane, North Idaho News & Weather KHQ.com

White House: Uptick In Jobless Rate A 'Self-Inflicted' Wound

NEW ORLEANS (AP) - A spokesman for President Barack Obama says the uptick in the unemployment rate caused by the partial government shutdown is an example of "self-inflicted wounds that our economy needs to avoid."
    
The government reported today that employers in October added a surprising 204,000 jobs to the economy. There had been expectations that the partial government shutdown would have dampened hiring.
    
The unemployment rate rose from 7.2 percent to 7.3 percent -- but that was partly because many furloughed workers were being temporarily counted as unemployed.
    
Obama today is using the Port of New Orleans as a backdrop as he pushes for more government spending on infrastructure projects that can have ripple effects on employment. He's focusing on what he says is the need to boost exports and spend more on ports, roads and airports.
    
%AP Links
    
169-a-15-(Jason Furman, chairman, White House Council of Economic Advisers, in AP interview)-"for a job"-White House economist Chairman Jason Furman says the effects of the government shutdown may have been limited, but they were still there. (8 Nov 2013)
    
CUT *169 (11/08/13)££ 00:15  "for a job"
    
APPHOTO DCSA101: President Barack Obama waves as he walks from the White House in Washington, Friday, Nov. 8, 2013, to board the Marine One helicopter for a short trip flight to Andrews Air Force Base, Md., then on to New Orleans to promote the importance of exports in growing the U.S. economy. (AP Photo/J. Scott Applewhite) (8 Nov 2013)
    
APPHOTO DCSA101 (11/08/13)££

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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