Unfortunately the jobless recovery continues. Unemployment remains stubbornly high and employers are reluctant to hire.
Since January 2009, the economy has lost millions jobs and those who have lost a job are searching longer than ever to find a new one.
Small business owners are truly the backbone of our Nation's economy, employing tens of millions of workers and creating most of the new private sector jobs that are so important for economic growth. America's small businesses create two out of every three new jobs in the U.S. each year.
These small businesses are being bogged down by burdensome regulations from Washington that prevent job creation and hinder economic growth. We must clear away the government red tape which prevents businesses from growing, expanding, and hiring new employees.
Producing more jobs also means changing our tax code which has the second highest corporate tax rate in the world and has destroyed America's global competitiveness.
Creating jobs requires the passage of trade pacts with Colombia, Panama and South Korea, which will greatly expand access to overseas markets for small businesses here in the U.S. As the our nation's entrance to the Americas, South Florida and its residents have much to gain from increased trade with our hemispheric democratic partners. Hundreds of thousands of people are employed in the trade industry, here in Florida, which exported more than $47 billion in goods last year.
We must all be a part of the full and lasting economic recovery for our country and our community.