Bucshon Comments on April Jobless Rate

Statement

Date: May 3, 2013
Location: Washington, DC

According to the Bureau of Labor Statistics jobs report released this morning, the U.S. unemployment rate slightly decreased to 7.5% from 7.6% while the economy added 165,000 jobs. Real unemployment, a measure that includes discouraged workers and those employed part-time who would rather work full-time increased to 13.9%. Today's report is another reminder that economic activity continues to slow.

Rep. Bucshon (IN-08) states:

"Last month, we saw little change in our nation's unemployment, which unfortunately has become the new normal. We are again reminded that the economic policies of this administration are not addressing our nation's fundamental challenges. Out-of-control federal spending, tax increases, and Obamacare have created too much uncertainty in the job market. The first step in reigniting our economic engine is balancing our nation's finances so that Hoosier industries, like manufacturing, have the certainty to invest in our local economies and hire more workers."


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