Rokita Issues Statement on May Jobs Report

Statement

U.S. Rep. Todd Rokita today responded to the Department of Labor's May jobs report, which indicated that only 69,000 new non-farm jobs were created and that the U-6, or "real," unemployment rate rose to 14.8 percent:

"Today's report on our country's economic outlook reaffirms what Hoosiers have known for months: President Obama's economic policies have failed.

"At least 8.2 percent of Americans who are looking for work can't find a job at all, and as economists have pointed out, the "real' unemployment rate approaches 15 percent when you factor in all the folks who have simply given up looking for work or are only working part-time because they can't find a full-time job.

"The best thing the federal government can do to help the economy is to get out of the way of job creators in Indiana and across the country. My colleagues and I in the House have taken steps to address our dismal jobs situation by passing nearly 30 bills that are now awaiting action by the Senate or the President. These bills would provide immediate and long-term relief to our Hoosier job creators, while initiatives like my Red Tape Rollback program continue to target the government regulations that stifle job growth," said Rokita.

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