Sperling Says U.S. Economic Recovery Still Has ‘Long Way to Go’

Gene Sperling, the head of the White House’s National Economic Council, said that even as the U.S. economy has shown “signs of healing,” the progress of the expansion hasn’t been sufficient.

“We haven’t come far enough” and the drop in the jobless rate has a “long way to go,” Sperling said at a National Association for Business Economics meeting in New York today.

To contact the reporter on this story: Jeff Kearns in New York at jkearns3@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.