 According to the Bureau of Labor Statistics jobs report released this morning, the U.S. unemployment rate slightly decreased to 7.4% from 7.6% while the economy only added 162,000 jobs, lower than what economists expected.
Rep. Bucshon (IN-08) states:
Â
“While I am encouraged to see a slight dip in our nation’s unemployment rate, today’s report showed that our economy is still stagnating. Job growth continues to come in below expectations while many of the jobs that are being added are part-time, low-wage positions. Small businesses are inundated with burdensome rules and regulations from the federal government that have prevented the type of economic growth we need to get middle class families back to work. One of the biggest culprits has been ObamaCare, a law that has forced many businesses to cut jobs and forced full-time workers to accept part-time hours.
Â
“I ran for Congress to change business as usual and fight for hard working Hoosiers. In recent weeks, I have joined my colleagues in the House to bring relief to families who are struggling. Reckless spending, overregulation, and government abuses in agencies like the IRS and the EPA have limited the opportunity Americans need to get ahead. We’ve passed pro-growth legislation to stop an out-of-control government, expand American energy production to create jobs and lower energy prices, and delayed ObamaCare’s employer and individual mandates to protect full-time wages.â€
Â
BACKGROUND:
Rep. Bucshon is hosting a Job Fair in Evansville, IN on August 6th open to all Hoosiers. As of now, 63 employers have been confirmed that are offering over 1,800 positions. More information can be found here.
4.2 million Americans have been unemployed for 6 months or more and while the total number unemployed is 11.5 million. (BLS; 8/2/2013)
According to USA Today, “Some economists have downplayed the solid payroll advances, noting that many of the new jobs are part-time positions in low-wage industries.†(USA Today; 8/2/2013)
Real unemployment, a measure that includes discouraged workers and those employed part-time who would rather work full-time, was 14.0% and the labor force participation rate was at 63.4%. (BLS; 8/2/2013)
“In recent weeks, I have joined my colleagues in the House to bring relief to families who are struggling.”
Could you extrapolate on that in a little more detail Larry baby?
But got to give you a thumbs up on the jobs fair Larry.
That’s what it’s all about.
Congressman Bucshon–Keep up the effort to develop/attract good fulltime jobs in the area. Very disappointing to hear that we were given a snow job on unemployment rate being skewed by counting part-time jobs as if they were fulltime jobs.
Are you just now discovering this? This has been going on for a long time.
I’m more interested why Congressman Bucshon decided to sell us out by opposing the Amash Amendment to reign in the NSA’s warrantless spying program. This guy is a sellout as far as I’m concerned.
The 8th District is fortunate to have Congressman Bucshon as their Representative. The good news is he continues to get even better.
Comments are closed.