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Keyword: recoverysummer2

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  • Austan Goolsbee to leave White House (Abandon Ship!)

    06/06/2011 5:47:12 PM PDT · by TSgt · 93 replies
    Politico ^ | 6/6/11 7:26 PM ED | MIKE ALLEN
    Austan Goolsbee, chairman of the White House Council of Economic Advisers, plans to return to teaching economics at the University of Chicago this fall, the White House announced Monday night. Goolsbee has been on leave for four years from the university’s Booth School of Business and could have lost his tenured position at Chicago, where he was a professor for 14 years before joining the administration, if he did not return, an official said. Goolsbee, one of Obama’s longest serving aides, was an economic adviser on the 2004 Senate campaign, and the senior economic adviser on the 2008 presidential campaign.He...
  • Job growth slows to 54,000 in May, rate up to 9.1%

    06/03/2011 5:48:29 AM PDT · by Free Vulcan · 157 replies · 2+ views
    Marketwatch ^ | 6.3.11 | Greg Robb
    WASHINGTON (MarketWatch) -- Job growth decelerated sharply in May, the Labor Department said Friday. Total nonfarm payrolls increased by 54,000, much lower than the 125,000 gain expected by Wall Street economists. This is the smallest increase in nonfarm payroll since September. The unemployment rate ticked higher 9.1% in May from 9.0% in the previous month.