Unemployment Continues to Take a Toll on Americans

Statement

By:  Randy Neugebauer
Date: Nov. 5, 2012
Location: Unknown

On Friday, the U.S. Bureau of Labor Statistics released the latest unemployment figures. Although the economy added about 171,000 jobs, unemployment increased from 7.8% to 7.9%. That means our economy isn't adding jobs quickly enough to keep up with the population growth. This is a clear indication that the administration's policies are not working. The federal government must focus on relieving the economic and regulatory burdens from small businesses and companies so they can start hiring and expanding. Texas is an example of how less government intervention can promote job growth. Texas' unemployment in September, the most recent available data, was 6.8 percent--below the national average. I'm proud of our state, and I advocate for Texan economic policies in Washington that do not punish hard-working businesses and families who follow the rules.