HUFFINGTON POST / AP: A top White House economic adviser says the addition of 148,000 jobs in September is a sign of “solid” growth but forecasts worsening in October because of the 16-day partial government shutdown.
Jason Furman, who chairs the White House Council of Economic Advisers, says the policy focus has to return to achieving a faster pace of job growth by increasing certainty and investing in jobs instead of what he said were the “self-inflicted wounds” of the past few weeks.
Furman was referring to the shutdown. He says it increased uncertainty and hindered job creation.
The September unemployment report was released Tuesday, weeks later than usual, because of the shutdown. Furman said the report describes the economy more than a month ago. He says more recent indicators suggest worsening in October… (more)
