U.S. Representative Judy Biggert (R-IL-13th) today issued the following statement after the U.S. Department of Labor reported that the economy picked up 146,000 jobs in November and that the unemployment rate last month dropped to 7.7 percent from 7.9 percent in October.
"It's the season to count our blessings, including modest job growth, but it's far too early to celebrate when this could be our last month before a massive tax hike pushes unemployment back into double digits. Despite holiday hiring last month, 122,000 individuals lost their jobs and almost 350,000 Americans gave up looking for work. The President and Congress must work together now to avert the fiscal cliff, give employers the certainty to hire, and provide relief to middle-class families. These negotiations can be successful, and Republican leaders have made substantial concessions on tax revenue, but both sides need to find common ground on where to cut spending, and the White House needs to recognize that higher taxes on small businesses will not help job growth."