National/World

White House to promote more positive jobs outlook

Thursday, February 09, 2012
In this Oct. 4, 2011 photo, prospective employees and vendors attend a job fair, in San Antonio. Employers added 103,000 jobs in September, a modest burst of hiring after a sluggish summer.

In this Oct. 4, 2011 photo, prospective employees and vendors attend a job fair, in San Antonio. Employers added 103,000 jobs in September, a modest burst of hiring after a sluggish summer. (AP Photo/Eric Gay)

The White House plans to announce a more optimistic jobs forecast this month, based in part on the shaky premise that Congress will pass President Barack Obama's economic agenda.

White House economist Alan Krueger says the budget the president will release Monday forecasts the unemployment rate will average 8.9 percent in 2012. But he says that estimate was made in mid-November and is already "stale and out of date."

So the White House plans to issue a new forecast projecting the creation of 2 million jobs this year. That could bring the national unemployment rate down to about 8 percent.

But the sunnier projection is based in part on whether Congress passes the president's economic agenda, including elements of his jobs bill that have been previously rejected by lawmakers.

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