Friday, March 7, 2014

Congressman Robert Hurt's Statement on Latest Jobs Report


Friday, March 7, 2014

WASHINGTON, D.C. – Congressman Robert Hurt (R-Virginia) released the following statement in response to the February Jobs Report, which stated that the unemployment rate ticked up to 6.7% from 6.6%:


"While I was pleased to see that new jobs were added in February, the fact is that hiring is down from last year and we are not making as swift a recovery as we should be.  We need dynamic economic growth that will create more jobs and increase wages for all Americans.


"The bottom line is that we are not making the progress we could be making because this administration's policies are hampering the private sector's ability to kick start our fragile economy.  As a member of the Financial Services Committee, I have been working with my colleagues to develop proposals that will generate job creation, such as policies that help smaller innovative businesses access capital and focus on expanding and creating jobs.  Just yesterday, I introduced the Small Company Disclosure Simplification Act, which would streamline regulations for these companies and remove a disincentive for them to access capital.  It is crucial that bipartisan proposals like this bill are enacted so that companies are able to focus on their roles as job creators and vital contributors to the economy that provide economic opportunities, increase pay checks, and provide a better quality of life for individuals, families and their communities.


"I look forward to continuing to work with my colleagues to develop policies like the Small Company Disclosure Simplification Act so that we can get on the path to a swift economic recovery."