WASHINGTON — The White House says the June jobs report is good news that further confirms the economic recovery.
The new report says that despite monthly volatility, the pace of job creation is growing.
The government reported Friday that employers added 195,000 jobs last month. The unemployment rate remained at 7.6 percent because more people started looking for work.
Alan Krueger is chairman of President Barack Obama's Council of Economic Advisers. Krueger is repeating a White House plea not to, quote, "impose self-inflicted wounds on the economy."
The White House is battling Congress over how much to cut the federal budget, with Obama arguing that immediate spending cuts are hurting the recovery.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Politics
Nation
Utah Republicans to select nominee for Mitt Romney's open US Senate seat
A dozen Utah Republicans vying to replace Mitt Romney in the U.S. Senate are set to square off Saturday for the party nomination in a race expected to reveal the brand of political conservatism that most appeals to modern voters in the state.
Business
Rooting for Trump to fail has made his stock shorters millions
Rooting for Donald Trump to fail has rarely been this profitable.
Business
Trading Trump: Truth Social's first month of trading has sent investors on a ride
There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it's clear that — like the man it's named after — there's nothing typical about the stock.
Nation
Charges against Trump's 2020 'fake electors' are expected to deter a repeat this year
An Arizona grand jury's indictment of 18 people who either posed as or helped organize a slate of electors falsely claiming that former President Donald Trump won the state in 2020 could help shape the landscape of challenges to the 2024 election.
Nation
Trump's lawyers will grill ex-tabloid publisher as 1st week of hush money trial testimony wraps
After prosecutors' lead witness painted a tawdry portrait of ''catch and kill'' tabloid schemes, defense lawyers in Donald Trump's hush money trial are poised Friday to dig into an account of the former publisher of the National Enquirer and his efforts to protect Trump from negative stories during the 2016 election.