Schakowsky Statement on June Jobs Report
Washington, D.C. (July 8, 2011) – Rep. Jan Schakowsky released the following statement today after the Department of Labor reported that the economy added 18,000 jobs in June and unemployment rose to 9.2 percent:
“Today’s jobs numbers underscore what should be obvious: the focus of Congress and the Administration needs to shift immediately to addressing the jobs crisis. Putting people back to work in good jobs must be priority number one for the good of American families and for the economy.
“The President said what matters most to people is economic security which can only be achieved through jobs and paychecks for American families. The simple fact is that jobs equal deficit reduction. Americans with a job are able to purchase goods and services as well as contribute to the Treasury with their tax dollars. It is not a lack of confidence that keeps business from hiring – it is lack customers. With large corporations sitting on two trillion in cash and access to credit markets, the last thing they need is more tax breaks.
“The Republican singular focus on debt reduction has brought no job creation and has taken us in the wrong direction. Their budget policies will take jobs away from teachers and firefighters, construction workers and nurses, medical researchers and small business owners. Their plan will put more people out of work.
“As a member of the President’s National Commission on Fiscal Responsibility and Reform, I argued strongly that we cannot afford to cut federal investments until we have fully recovered from the effects of the Great Recession.
“Today’s disappointing numbers show that the recovery is fragile and that the type of spending cuts being pushed by Congressional Republicans would be devastating. They are the wrong policies – and they must be rejected.”