U.S. Senator Rob Portman (R-Ohio) today released the following statement on the nation's March jobs report, showing only 88,000 jobs added to the economy while 500,000 people left the workforce, dropping the labor force participation rate to the lowest level in 34 years:
"Today's disappointing numbers are yet another reminder that our nation's economic progress is far from the robust recovery the President promised. Rather than promoting pro-growth policies to get our economy back on the path to prosperity, this Administration has continued to push for more taxes while failing to effectively rein in the entitlement spending driving our long-term debt and deficits. Weak job creation, continued high unemployment, and 500,000 people abandoning hope and leaving the workforce altogether are clear signals that it's time to start heading in a new direction. We need to uplift our economy to ensure that America's best days are ahead of us and tackle pro-jobs tax reform as well as entitlement reform to ensure that these vital but unsustainable programs will still be there for future generations."