Today, U.S. Senator Rob Portman (R-Ohio) released the following statement on the September jobs report:
"Today's jobs numbers are yet more proof that President Obama's economic plan has failed. When the President proposed his trillion dollar stimulus package in 2009, the Administration predicted that by today, our unemployment rate would reach 5 percent. Five trillion dollars in deficit spending and more than four years later, the official unemployment rate remains above 7 percent, at 7.2 percent. And the reality for everyday Americans is even worse. With the workforce participation rate remaining near an all-time low and millions of Americans forced to take part-time jobs just to make ends meet, what many view as the real unemployment rate--the U-6 rate--is actually 13.6 percent.
"This is unacceptable. It's time for the President to change course and adopt commonsense economic policies that reform the tax code, clear regulatory roadblocks from employers, remove the burdens of Obamacare from small businesses, address the record level of debt, and get our country back to work."