Job Creators Network Reacts to Jobs Report
Washington, DC (August 7, 2020) — Today, the U.S. Department of Labor released its monthly jobs report.
“In July, the unemployment rate fell to 10.2 percent and 1.763 million Americans regained their jobs. This is the third straight month America has gained over one million jobs, with the pandemic having reached its peak in April. Our small business community is primed to continue America’s recovery, but we need Nancy Pelosi and the Democrats to stop holding further relief hostage. Senate Republicans have put together a strong stimulus bill that will extend the Paycheck Protection Program, which has already saved 51 million jobs and is set to expire tomorrow. The Senate bill also makes common-sense changes to unemployment benefits. The current system incentivizes people to stay at home rather than go back to work, which is untenable. Instead of negotiating in good faith, Pelosi and the Democrats would rather create pain for small businesses – and for America’s workers, who saw their unemployment benefits expire on July 31 – than meet Republicans halfway. Pelosi expects the Republicans to fold and agree to her $3 trillion stimulus bill, which doesn’t make any changes to unemployment benefits, while bailing out state and local governments to the tune of $1 trillion. JCN will continue working with congressional leaders and the Administration to make sure the final bill is pro-growth and keeps our economic momentum going.”
On July 17, JCN sent a letter to Senators McConnell, Rubio and Collins urging them to oppose an extension of the $600-per-week unemployment benefits. To read the letter, click here.