StarTribune.com
us economy white house 110609

Home | Business

White House adviser: Job numbers disappointing, but there are some signs of budding confidence

Last update: November 6, 2009 - 9:17 AM

WASHINGTON - White House economic adviser Christina Romer (ROH'-mur) says the 10.2 percent unemployment rate for October is a stark reminder of how much more needs to be done to get people back to work.

Romer, who heads the president's Council of Economic Advisers, says the latest unemployment figure doesn't come as a surprise, but it's still disappointing.

She says there were some positive signs, such as an increase in temporary services employment, that indicate budding confidence in the job market.

The October rate was the highest since 1983. The economy shed a net total of 190,000 jobs in October.

Recent Business stories

QLT to pay $20 million to Mass. General Hospital to settle royalties lawsuit over Visudyne - November 6, 2009
QLT to pay $20 million to Mass. General Hospital to settle royalties lawsuit over Visudyne - Canadian biotechnology company QLT Inc. said Wednesday it will pay Massachusetts General Hospital $20 million to settle a lawsuit over product royalties. More

Comment on this story   |   Be the first to comment   |  Hide reader comments

Subscribe

Blog: Patent Pending

Lights out at U energy conference. Irony police notified.

Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.

Recent posts