WASHINGTON -(Dow Jones)- Vice President Joe Biden on Friday predicted at a Pennsylvania fundraiser the economy would add between 250,000 and 500,000 jobs monthly starting in a few months, according to a report of the event.
Biden acknowledged he's "got in trouble" before for making job growth predictions but shrugged off such concerns. "Even some in the White House said, 'hey, don't get ahead of yourself,'" Biden began at a fundraiser for Democrat Mark Critz. "Well, I'm here to tell you some time in the next couple of months we're going to be creating between 250,000 jobs a month and 500,000 jobs a month."
He added, "Because I'm telling you something, folks. We caught a lot of bad breaks on the way down. We're going to catch a few good breaks because of good planning on the way up."
In November 2009, Biden predicted job growth would begin in February. But those predictions proved wrong. The economy lost jobs in February but did start adding jobs in March.
Biden was speaking at a former railroad terminal in Pennsylvania as part of a fund-raising event for Critz, who is running to fill the seat left by Rep. John Murtha, who died in February.
Copyright 2009 Dow Jones Newswires
Treasury’s Krueger: Unemployment Report Shows Jobs Are ReturningEconomy picks up with service sector growth, more home contracts
