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Public Statements

Olson Statement On 10.2% Unemployment Numbers

Statement

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Rep. Pete Olson today issued the following statement after the Bureau of Labor Statistics reported that the U.S. economy lost 190,000 jobs in September, raising the unemployment rate to 10.2%, the highest rate of unemployment since April of 1983:

"As we see month after month of continued escalation in our nation's unemployment, Americans are saying enough is enough. Under the Democratic Leadership in Congress and the White House, we have seen nothing but record spending and government control as the solution to these problems.

"Employers are being forced to cut their payrolls because they cannot sustain the weight of government mandates and the price tag of a massive stimulus bill. In addition to this they are also facing the prospect of a $1.3 trillion health care bill that will increase their tax burden and/or force their employees onto a government run health care plan.

"In July - when unemployment stood at 9.5% - before the third and final minimum wage increase went into effect, I offered H.R. 3309 which would have delayed this final wage increase until our economy got back on track. American families and small businesses need targeted tax relief and temporary relief from federal minimum wage mandates they cannot afford.

"We have tried the Democrat's way, it is high time for a new approach that addresses immediate spending concerns for families and unleashes a small business friendly environment to grow jobs in a struggling economy."


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