Reuters (07/27/12) Laura MacInnis; Matt Spetalnick
Alan Krueger, chairman of the Council of Economic Advisers, said Friday that the U.S. economy is growing despite a lackluster second quarter, but acknowledged that faster expansion is needed to boost additional hiring. “While the economy continues to move in the right direction, additional growth is needed to replace the jobs lost in the deep recession that began at the end of 2007,” Krueger stated.
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