House Small Business Committee Chairman Sam Graves (R-MO) today issued the following statement after the U.S. Department of Labor reported that 244,000 jobs were created in April while the unemployment rate rose to nine percent:
“While any job creation is always welcomed news, we still have a long way to go as evidenced by today’s unemployment rate. The number of Americans who filed unemployment claims for the first time during the final week of April was the highest level since August of 2010, and the underemployment rate, which includes people who’ve stopped looking for work and those settling for part-time jobs, rose to 15.9% from 15.7% the previous month. These numbers shouldn’t be a surprise, as the Obama Administration continues to pursue anti-business policies that are especially damaging to small employers, who are the primary source of job growth in the United States. On top of this, high energy costs are making it increasingly difficult for small businesses to add employees and invest in their companies. The estimated 29 million American small businesses are the lifeblood of our economy and we must foster policies that allow them to prosper - not be crushed by higher taxes and more regulations.”
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