U.S. Chamber Comments on Weak Private Sector Job Growth

'Only Strong, Vibrant Hiring by the Private Sector Is Going to Put the Economy Back on Track,' Regalia Says

WASHINGTON, D.C.—Following today's report that only 41,000 net new jobs were created in the private sector in May, the U.S. Chamber of Commerce's Chief Economist, Dr. Martin Regalia, issued the following statement:

"It's commendable that the government created more than 400,000 jobs for Census workers last month, but temporary government jobs are not going to lead us out of this recession. Only strong, vibrant hiring by the private sector is going to put the economy back on track.

"American businesses are ready to hire again but continue to be hamstrung by policies in Washington that create uncertainty. From a health care law that's littered with burdensome taxes and regulations to potential new tax increases that are racing through Congress under the guise of 'jobs bills,' businesses want certainty in order to begin hiring. And Washington just isn't providing this right now."

The U.S. Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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