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Job Growth Slows to a Crawl

Recorded on June 2, 2012

From The Heritage Foundation, I'm Ernest Istook.

These numbers show a clear pattern:






These represent the American jobs created each month during 2012. It's worse each month.

Because of population growth, we needed 130-thousand new jobs in May just to stay steady. But only half that many were created.

Private sector jobs are not created by Presidents, Congressmen, or any other politician. But they create an environment that companies consider.

With stifling new federal regulations, unrest in Europe, increasing health care costs due to Obamacare, and enormous tax increases automatically happening in January, the uncertainty means few businesses want to take the risk of expanding.

Stopping tax hikes, halting over-regulation, and getting spending under control would be the best things to get America back to work.

From The Heritage Foundation, I'm Ernest Istook.