W.House: Jobs data shows improving economy

WASHINGTON, April 1 (Reuters) – White House economist
Austan Goolsbee said on Friday the March jobs reports showed
signs of an improving U.S. economy but that surely there will
be bumps in the road ahead.

Goolsbee said in a statement that a drop in the
unemployment rate in March to 8.8 percent was encouraging and
he said he believes a payroll tax cut and business incentives
for investment was helping.

“The last two months of private job gains have been the
strongest in five years,” said Goolsbee, chairman of the
President Barack Obama’s Council of Economic Advisers.

W.House: Jobs data shows improving economy