Press Releases

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:

“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.

“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.”

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)

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