Release Date: Sep 02, 2011Contact: 888-249-NEWS
U.S. Chamber Comments on Weak Jobs Numbers: Says Pro-Growth Policies Are Available
‘It Is Time For This Administration To Junk What Has Clearly Not Worked And Try Something That Will,’ Says Regalia
WASHINGTON, D.C.—Following today’s announcement that zero net new jobs were created in August and the prior two months were revised down by 58,000, U.S. Chamber of Commerce Chief Economist Dr. Martin Regalia issued the following statement:
“The abysmally weak jobs numbers today demonstrate just how desperate this economy is for real pro-growth policies. This administration has provided an overabundance of job killing regulation and more uncertainty but only anemic economic growth, slow job growth, and painfully high unemployment.
“It is clearly time for pro-growth policies that incentivize the private sector without ballooning the already swollen deficit and debt levels. There are policies available that meet these criteria and it is time for the Administration to junk what has clearly not worked and try something that will.”
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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