UPDATE: Biden Predicts Up To 500,000 Jobs Created a Month

UPDATE: White House Press Secretary Robert Gibbs was asked about the VP's prediction at Monday's daily briefing and whether the administration agrees with Biden's generous projection for job growth in the U.S.

Gibbs said of Biden, "He's an optimistic man and that's why we like him."  His reaction was met with laughter by the press corps.

Vice President Biden on Friday declared that over the course of the next few months, the administration will be creating between 250,000 and 500,000 jobs a month.

He acknowledged that he's gotten into trouble for making job predictions in the past, according to reporters traveling with him, but that didn't seem to stop the VP from making bold assumptions.

The comments came at a Pittsburgh fundraiser where Biden was campaigning for Mark Critz, a candidate in the special election to fill the late Congressman John Murtha's seat.

"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. Because I'm telling you something, folks. We caught a lot of bad breaks on the way down," Biden told the crowd.  "We're going to catch a few good breaks because of good planning on the way up."

Click here to read the annual Economic Report of the President, released in February, which predicts employers will add an average of 95,000 jobs a month this year.