Maloney Statement on November Jobs Report

Statement

By:  Carolyn Maloney
Date: Dec. 7, 2012
Location: Washington, DC

Rep. Carolyn Maloney (D-12-NY), former Chair of the Joint Economic Committee and Ranking Democratic member of JEC in the next Congress, issued the following statement on the news that the economy created 146,000 private sector jobs in November, reducing the unemployment rate to 7.7 percent, according to the Bureau of Labor Statistics:

"The good news is that the private sector is continuing to create jobs for the 33rd straight month. That is why it is so critical for Washington to get past the divisive, contentious debate over the fiscal slope.

"We in Congress must find a way to work together to accelerate this fragile recovery, maintain consumer confidence and remove the uncertainty in the markets that is restraining business investment. The fastest way to do that is to reach a balanced and fair budget agreement.

"There is no time to waste--and no good reason for House and Senate Republicans to hold our economy and the middle class hostage to a rigid ideological agenda that protects the wealthy from paying their fair share."