U.S. Rep. Charlie Dent (PA-15) issued the following statement on the Bureau of Labor Statistics' (BLS) July Employment Report:
"I was frustrated to learn the national unemployment rate remained at 9.5% through the month of July. Rather than entering the "summer of recovery', as the President has claimed, it appears Americans are instead coping with a season of stagnation.
The figures released by BLS are naturally disappointing, but sadly not surprising. By continuing to advance a misguided agenda defined by greater spending, higher taxes and increased regulation, Congress has failed to cultivate an economic environment in which employers have the confidence and security to expand.
The figures in this month's report present legitimate reasons for concern. On the one hand employed Americans saw their weekly hours rise slightly in July, which leads to higher wages and greater spending power. However, this may also be a sign that employers are apprehensive about future economic conditions, making them hesitant to hire new workers. I believe this apprehension is being perpetuated by the detrimental policies embraced by the leadership in Washington.
Congress clearly has the desire and ability to accelerate our economic recovery, but we must do so by promoting investment and entrepreneurship, providing tax relief to families and businesses, controlling spending while working to reduce the deficit, and resisting the implementation of costly regulations on employers."