The May unemployment report was released this morning, and it has left much to be desired. Unemployment rose back up to 8.2 percent, and Hispanic unemployment jumped to 11.0 percent. Only 69,000 jobs were added this past month, marking that as the least amount added to the job market in over a year.
Rep. Mario Diaz-Balart (R-FL) issued the following statement on the unemployment report:
"These dismal numbers are sadly no longer a surprise; they simply reiterate and remind us month after month of President Obama's disastrous economic policies. After a failed stimulus of nearly a trillion dollars, the President has the audacity to ask for more spending, more borrowing, and more taxes. Unfortunately for the American people, this president's policies have failed miserably."
"Yes, President Obama may have brought us change, but it is not change we can believe it. It is change that has increased the national debt by $5 trillion dollars, change that has allowed GDP growth to creep along tantalizingly slow at 1.9 percent, and change that has marked May as the fortieth consecutive month with the unemployment rate above 8 percent."
"It's time for President Obama to stop dividing the American people. It's time for him to recognize that his policies have failed, and to finally start cooperating with Republicans on bipartisan solutions to get America working again."