Voice of America: US ECONOMY

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

US ECONOMY Feb 1st 2013, 16:08 The White House says Friday's new jobs numbers show the U.S. economy is "continuing to heal," but warns Congress to act to avoid looming spending cuts. White House economist Alan Krueger says U.S. lawmakers should avoid automatic, across-the-board spending cuts set for March 1 and instead adopt new policies balancing revenue and spending. The government reported Friday that employers added 157,000 jobs in January, while the unemployment rate rose one-tenth of a point to 7.9 ...

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