Washington,
D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released
the following statement on the Bureau of Labor Statistics’ May jobs report
showing that the unemployment rate was essentially unchanged at 9.1 percent and
54,000 total nonfarm jobs were added:
“Recent
slowing in manufacturing growth, continuing problems in the housing market and
surging gasoline prices took some momentum away from the recovery in May. We
need stronger job growth. Too many Americans are still hurting -- struggling to
put food on the table and to pay their rent or mortgage. Unemployment remains
unacceptably high.
“While the
economy added private-sector jobs for the 15th consecutive month,
and has added 2.1 million private-sector positions during that time, the pace
of job growth in May slowed from the previous three months. Washington has to
do more to drive private-sector job growth and to help Americans get back to
work.
“While we
can’t wave a wand and magically bring down the unemployment rate, policymakers
can and must continue to invest in innovation, education and our nation’s
infrastructure. Congress also needs to extend Trade Adjustment Assistance to
help workers who have seen their jobs move overseas build the skills they need
to find new, good-paying jobs.
“We’ve made
progress in the past year and a half, but we still have a long way to go to
regain the jobs lost during the Great Recession. Washington cannot lose its
focus on job creation. We need to do everything possible to strengthen the
economy and help unemployed Americans get back on their feet.”
To view
monthly employment chart, click here.