March 8 (Bloomberg) -- Alan Krueger, chairman of the White House Council of Economic Advisers, talks about the February U.S. jobs report and the implications of automatic federal spending cuts for the economy.
Payrolls rose 236,000 last month after a revised 119,000 gain in January that was smaller than first estimated, Labor Department figures showed today in Washington. The jobless rate
fell to a four-year low of 7.7 percent. Krueger talks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)