House Majority Leader Eric Cantor today released the following statement on the national unemployment report for August:
“While it is good news when Americans find jobs, I was concerned with today’s downward revisions and the historically low labor participation rate. The unemployment rate is going down, but largely because so many folks have given up hope that they could find a job if they looked for one. Many working middle class Americans can’t find a job or are being forced to take part-time work because of the devastating effects of ObamaCare.
“Last month, three major unions sent a letter to President Obama complaining of the law’s “nightmare scenarios” including the loss of full-time employment. Just this week, the International Longshore and Warehouse Union and its 40,000 members withdrew from the AFL-CIO citing its support of ObamaCare and the law’s costly consequences as one of the major reasons for its departure. Even the people who once supported this law are quickly realizing that it cripples job growth and discourages full-time employment.
“While the President has offered a one-year delay of ObamaCare for big businesses, we will continue to fight to ensure that working middle class families also get that same relief. But that one year delay is only the start, as uncertainty will remain. ObamaCare must be repealed or we will continue to witness depressed job growth. In order to get our economy going, and create jobs, we must restore the full-time workforce and protect the hard working men and women of America.”