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Romer on jobs: 'Long way to go'

Friday, 6 Sep 2013 | 3:13 PM ET

Less than expected jobs numbers were released today for August adding 169,000 jobs. Christina Romer, Council of Economic Advisers former chair, explains why she feels we need to move a lot faster than that to repair the labor market. The number is "not anything to crow about" she says. She also explains her support for Janet Yellen as Fed chair.