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Friday
Jun072013

ALG - Unemployed rises by 101,000 to 7.6 percent 

June 7, 2013, Fairfax, VA—Americans for Limited Government President Nathan Mehrens today issued the following statement on the latest job numbers:

"It is surprising that the number of people reporting they have been unemployed for five weeks or fewer jumped dramatically in May exceeding the level of one year ago.  Recent Labor Department weekly unemployment filings created the expectation that the number of recently unemployed should have stayed stable, consistent with an economy that seems to be treading water.  The jump in recently unemployed combined with the just released report showing significant decline in the manufacturing sector is just another indication that the five year old promise of economic recovery remains elusive.

"Today's report just reconfirms the idea that the government cannot spend its way out of this economic malaise, and the only path to prosperity lies with ending the Obama Administration's regulatory assault on the private sector job creators."

To view online: http://getliberty.org/unemployed-rises-by-101000-to-7-6-percent/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.

 

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