WORLD> America
Obama promises more than 600,000 stimulus jobs
(Agencies)
Updated: 2009-06-08 19:38

"I don't think there's any question it's going to be a rough patch not just in the immediate term, but for a little bit of time," Goolsbee said Sunday, "because you've got to turn the economy around, and jobs and job growth tend to come after you turn the economy around. So it's likely going to be a little higher."

Related readings:
Obama promises more than 600,000 stimulus jobs US to spend $4 bn to create 'green' jobs
Obama promises more than 600,000 stimulus jobs American Express to slash 4,000 jobs
Obama promises more than 600,000 stimulus jobs GM to cut 21,000 US factory jobs, shed Pontiac

Obama senior adviser David Axelrod argues that the stimulus program is working and points to fewer jobs lost in May than the month before as a hopeful sign of economic recovery. Improvements in unemployment numbers naturally come later, he said.

"It's going to take some time for these unemployment numbers to turn around, for the momentum to completely stop and turn in the other direction," Axelrod said. "It feels as if we're moving and the stimulus package now is not nearly done, it's just really at its beginnings."

Goolsbee spoke on "Fox News Sunday;" Axelrod was interviewed on CNN's "State of the Union."

   Previous page 1 2 Next Page