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Pete Sessions Statement on May Jobs Report

Once again, today’s jobs report shows that our economy is recovering at a sluggish pace and that job growth is far behind our potential. In addition to our chronically high unemployment rate, our nation’s employment rate is near a 30-year low and has barely shifted over the past three years.   Read more »

at Jun 7, 2013 9:09 AM
       

Congressman Pete Sessions Statement on April Jobs Report

Although today's jobs report is good news for some Americans, millions more remain unemployed or have given up looking for work in the Obama economy. Despite the fact that our unemployment rate remains stubbornly high, President Obama failed to even mention the need for private sector job growth or job-creating projects like the Keystone XL Pipeline in his press conference this week.

at May 3, 2013 2:39 PM
       

Congressman Pete Sessions Statement on March Jobs Report

Once again, today’s jobs report highlights how President Obama’s policies have discouraged economic growth and job creation. At a time when nearly 20 million Americans are unemployed, only 88,000 jobs were added last month. Job creators are struggling to cut through the endless maze of regulations and bloated bureaucracy forced on them by federal government.

at Apr 5, 2013 11:07 AM
       

The Grand Illusion

The markets are soaring and the economy continues its snail like pace toward recovery, but as Morton Zuckerman recently noted, it is the "Great Recession followed by the Grand Illusion." Zuckerman begins with the following observations, “The country isn't really advancing. By comparison with earlier recessions, it is going backward. Despite the most stimulative fiscal policy in American history and a trillion-dollar expansion to the money supply, the economy over the last three years has been declining. After 2.4% annual growth rates in gross domestic product in 2010 and 2011, the economy slowed to 1.5% growth in 2012. Cumulative growth for the past 12 quarters was just 6.3%, the slowest of all 11 recessions since World War II.”

The reality is that the economy is still fragile and the job creation

at Mar 28, 2013 9:21 AM
       

Our Enemy is ‘Pessimism’! So Cheer Up, Citizen — Right Now

Too many fallacies to list in this article from the Washington Post, so let’s focus on this: “Pessimism produces a sluggish economy; a sluggish economy produces pessimism. That’s the main explanation of poor job creation. As I’ve written before, this psychological shift stemmed from the fact that the financial crisis and Great Recession were largely unpredicted.”   Read more »

at Feb 18, 2013 11:36 AM
       

Pete Sessions Statement on January Jobs Report

Today, I released the following statement regarding the Department of Labor’s unemployment report for the month of January:

Today’s unemployment report underscores the need for the Obama Administration to join House Republicans in prioritizing job creation and economic growth. At a time when our

at Feb 1, 2013 9:05 AM
       

Congressman Pete Sessions Statement on December Jobs Report

Today I released the following statement regarding the Department of Labor’s unemployment report for the month of December:

As our nation continues to be burdened with chronic high unemployment and a sluggish economy, I remain committed to policies that will help North Texas families and small businesses. That is why I supported making critical parts of our tax code

at Jan 4, 2013 10:27 AM
       

Pete Sessions Statement on November Jobs Report

Today, I released the following statement regarding the Department of Labor’s unemployment report for the month of November:

Today’s jobs report serves as a reminder that far too many Americans are looking for work, and that any plan to avert the fiscal cliff must prioritize job creation. Raising taxes, as the President insists, will make it more difficult for our nation’s small businesses

at Dec 7, 2012 11:25 AM
       

Pete Sessions Statement on October Jobs Report

Today, I released the following statement in response to the Department of Labor’s October unemployment report:

Although our nation’s economic growth is far too slow and our unemployment rate is far too high, President Obama believes we should continue the same failed policies and raise taxes on American families and small businesses.

at Nov 2, 2012 5:08 PM
       

What is Behind the 7.8% Unemployment Rate?

The recent job report shows all the weakness of the Obama administration, a lot of style but very little substance behind the policy. On the surface, 7.8% unemployment rate and the monthly drop of .3% looks impressive since it broke 43 months of 8% or greater unemployment rate. Team Obama did their somersaults and proclaimed once again, the great recovery is just another month or two away.   Read more »

at Oct 8, 2012 2:48 PM
       

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