[Congressional Record Volume 159, Number 117 (Monday, September 9, 2013)]
[House]
[Page H5418]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ADDRESSING EMPLOYMENT CRISIS
(Mr. THOMPSON of Pennsylvania asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. THOMPSON of Pennsylvania. Mr. Speaker, last Friday, the
Department of Labor released figures suggesting that unemployment
decreased to 7.3 percent in August, the lowest rate in over 4\1/2\
years.
While seemingly good news, if you actually look below the surface,
labor force participation fell to its lowest level in 35 years, with
only 63.2 percent of working-age Americans being employed. While the
unemployment rate declined, it can be attributed to a growing share of
individuals giving up on trying to find a job.
Mr. Speaker, it's not that American workers are lazy or reliant upon
handouts. Over 12 million Americans are struggling to make ends meet,
with tens of millions more struggling with underemployment.
The solution to our national employment crisis is straightforward: we
must get a handle on out-of-control debt, a cumbersome and out-of-date
Tax Code, and limit bloated regulations.
As we continue our work here in the House, I encourage all of my
colleagues to focus their work on breaking down these barriers to
employment. Our constituents deserve as much.
____________________