U.S. Congressman Kevin Brady (R-TX), chairman of the Joint Economic Committee, commented on today’s Bureau of Labor Statistics (BLS) report showing that 192,000 nonfarm payroll jobs and 192,000 private payroll jobs were added in March, while the unemployment rate remained at 6.7%.
With the March jobs numbers, the U.S. economy has officially regained all of the 8,790,000 private-sector jobs lost since the recession began in December 2007.
“That it took six long years for America’s economy to simply return to break even for Main Street jobs is compelling proof of President Obama’s disappointing economic leadership”, said Brady. “This is the weakest recovery in half a century, and the pain is felt most by those desperately trying to find a job or struggling with a paycheck that’s barely changed in six years,” said Brady.
“Do we have to settle for a second-rate economy? Is the President’s decision to stay the course the right decision for our struggling economy? The answer to both is no.”