NEW ORLEANS (AP) — President Barack Obama says there "no question" that last month's partial government shutdown hurt the nation's jobs market.
The president is speaking hours after the Labor Department reported that the economy added 204,000 jobs in October. The burst of hiring was surprising given that the government was shut down for more than two weeks.
Obama did not specifically say how the job market had been hurt during the shutdown. But he says additional economic data still to be released before the end of the year could be down.
The president is speaking at the Port of New Orleans to press for more government spending on infrastructure projects that can have ripple effects on employment.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
