Congressman Leonard Lance (NJ-07) today released the following statement in reaction to the U.S. Department of Labor's July jobs report:
"Today's disappointing jobs report provides further evidence that our national economy is still weak and struggling to create employment for those who are looking for work. A net total of 163,000 jobs were created, and the unemployment rate for July increased to 8.3 percent.
"In August 2009 President Obama appeared on national television and told the American people, 'you don't raise taxes during a recession.' Yet despite 42 consecutive months of unemployment above 8 percent he and congressional Democrats continue to push their proposal to raise taxes on small businesses that experts predict could cost more than 700,000 U.S. jobs while disproportionately hurting New Jersey's state economy.
"Mr. President, we are still in very difficult economic times. It is time to stop the end-of-the-year tax hike on all Americans and begin the important task of working together to enact policies that encourage hardwork, innovation, investment and job creation."