White House projects 2 mln new jobs created in 2012

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White House projects 2 mln new jobs created in 2012
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) - The White House expects two million jobs will be created in 2012, slightly above the 1.8 million pace last year, according to Alan Krueger, the top White House economic adviser, on Friday. Krueger spoke to reporters as the White House economists released their annual Economic Report of the President. The administration expects the economy to continue to gather steam this year although the pace of the recovery will still be subdued given the after-effects of the debt and financial crisis. The White House said that uncertainty about government regulation is not holding back growth. This is a common argument of Republicans.