Press Releases
Latta Statement on July Jobs Number
Washington, DC,
August 3, 2012
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Laura Strange
(202-225-6405)
Tags:
Job Creation
The Labor Department released its July jobs report today showing that unemployment has gone up to 8.3 percent, marking 42 consecutive months the U.S. unemployment rate has been at or above 8 percent. Congressman Bob Latta (R-Bowling Green) released the following statement on the jobs number report for July: “Millions of Americans are unemployed and more than 40 percent of those who are unemployed have been out of work for six months or longer. The workforce and population are growing faster than the rate of job creation, and it is estimated that we will not return to pre-recession employment levels until 2016. This sluggish growth is a clear indicator that President Obama’s botched stimulus, out of control spending, and fiscal policies have failed to put our economy back on track. Along with my colleagues in the House, I remain committed to working towards reducing the regulatory burdens on our job creators, as well as comprehensive tax reform, which will produce jobs and spur economic growth,” Congressman Latta stated. ### |