Washington, D.C.--Rep. David B. McKinley, P.E. (R-W.Va.) released the following statement on the December jobs report released this morning indicating the unemployment rate remained at 7.8% in December:
"When President Obama is sworn in for a second term, the unemployment rate will be exactly the same as it was four years ago. The so-called economic "recovery" is looking more like stagnation, with 23 million Americans looking for work and our economy treading water. In order to improve job growth and give hope to millions of unemployed Americans, Congress needs to stop the wasteful spending that is burdening future generations with debt, reform the tax code to help families and small businesses, and do away with red tape and excessive regulations."