Alan Krueger, who served as President Obama’s top economic adviser during a weak recovery, is leaving to return to Princeton University, the White House said Monday.
Mr. Krueger, who chaired the White House council of economic advisers for two years through Mr. Obama’s re-election, will return to the campus in time for the fall semester.
The president thanked him for his service in improving the economy while noting, “we have more work to do.”
“Over the past two years, Alan has been one of my most trusted advisers on economic policy and a great friend,” Mr. Obama said in a statement. “Alan was the driving force behind many of the economic policies that I have proposed that will grow our economy and create middle-class jobs.”
Mr. Krueger said he is “deeply grateful” to Mr. Obama for the opportunity “to do what I could to help the nation recover from the worst economic crisis since the Great Depression.”