A Closer Look

White House predicts 2 million more jobs in 2012 – Feb. 17, 2012

Job Market Monitor

The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year.

But income inequality and Europe’s debt crisis could still pose challenges, according to a report released by President Obama’s Council of Economic Advisers.

Before Obama even took office, America had lost 4.4 million jobs. Track his progress since then.

“While actions taken to prevent a deeper recession and to strengthen the recovery have made a difference, the nation is still recovering from that profound crisis and the problems that led to it,” the Economic Report of the President said. 

The document, which totals 446 pages, is the administration’s blueprint for the economy, which outlines a plan to “recover, rebalance and rebuild.” Much like Obama’s recent State of the Union address, it focuses heavily on income inequality, and building an America where “everyone gets a fair shot.”

via White House predicts 2 million more jobs in 2012 – Feb. 17, 2012.

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