June 6th, 2011
08:16 PM ET
The White House is losing one of its most public faces when it comes to issues related to the economy. Dr. Austan Goolsbee, Chairman of the President’s Council of Economic Advisers, announced he is returning to teaching at the University of Chicago later this summer.
Goolsbee has served as President Obama's economic advisor since the presidential campaign and has become the White House's point man to explain the administration's interpretation of economic reports to the American public.
In a statement, Goolsbee praised Obama's handling of the economy:
Full statement after the jump:
June 3rd, 2011
10:00 AM ET
White House Economic Advisor Austan Goolsbee is putting his best foot forward when it comes to the underwhelming jobs report, saying that "the overall trajectory of the economy has improved dramatically over the past two years."
Still, in a blog post on The White House website, Goolsbee writes that the 9.1 percent unemployment figure is "unacceptably high."