Washington, D.C. – Today, Heather Boushey, Senior Economist at the Center for American Progress Action Fund, had the following reaction to the announcement of June’s unemployment figures:
Private employers have added jobs for 28 straight months, proving the resilience of the U.S. economy despite ill-conceived efforts by conservatives in Congress to enforce austerity measures that would surely strangle growth. Imagine how much better today’s jobs report would be if lawmakers approved the president’s jobs plan. There’s still time—they should act now, for the sake of millions still unemployed.
Looking ahead to 2013, the worst-case scenario for the U.S. economy would be implementing the kinds of budget cuts that Gov. Romney has been calling for, which would reduce job creation by about 1.3 million in 2013 and most certainly be devastating for middle-class families. A Bain presidency—reliant on debt and outsourcing to boost short-term profits at the expense of jobs and long-term growth—would do nothing to promote the kind of job creation U.S. families want—and need—to see.
To speak with Heather Boushey about the monthly jobs report, please contact Katie Peters at 202.741.6285 or [email protected].
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