WASHINGTON (AP) -- The head of the White House Council of Economic Advisers says people should expect more job losses in the coming months.
But at the same time, Christina Romer said Tuesday that administration officials also are detecting "small little signs that maybe some parts of the economy are stabilizing."
Romer declined to say specifically on NBC's "Today" show how long she thought the current recession would last. But she said she believes administration officials "are being very pragmatic."
She said, "We've got several more months of job loss, so we don't really want to lead people to believe that spring is right here for the economy."