President Barack Obama said Friday that budgetary paralysis early October in the United States hit the market employment , despite posting better numbers of expected in the field. On Thursday, “we learned that our economy grew at an unprecedented rate during the summer,” said Obama at the port of New Orleans (Louisiana).
The United States grew 2.8 percent annual forecasts in the third quarter, according to data released on Thursday, above the 1.9 percent expected by analysts. In October, 204,000 jobs were created according to the Department of Labor, twice what experts had expected.
“It seems that every time the economy is to take off, someone steps on the brakes, “he said, referring to the October budget paralysis. Obama said that although the figures for job creation, unemployment rose in October to 7.3 percent (0.1 percentage points over September).
“We need not give us a shot in the foot well,” said Obama, who reiterated it expects to reach a budget agreement in Congress and immigration reform. Republican opposition controls the House of Representanes, key budget issues, and collides with Obama on spending and funds the president demands for social programs.
Close damaged government labor market: Obama
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