White House: Job Growth Will Be Slow

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The Obama administration is warning Americans that job growth will be slow during the economic recovery.

Despite an $860 billion stimulus package a year ago, unemployment has gone higher than the White House predicted and remains stuck at 9.7 percent.

Top economic officials say that is not going to get better any time soon.

"That's not enough to get a lot of job growth," said White House economic adviser Christina Romer. "We'll get positive job growth. It'll be enough to probably bring the unemployment rate down a little bit. But you need faster than that to really make a dent."

"We've got a long way to go," said Lawrence Summers, director of the National Economic Council. "We've inherited a terrible situation, the most pressing economic problems since the Great Depression in our country."

So far job growth has been slower in this recovery than past expansions. And many analysts warn that the new health care bill will also hinder job growth.

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