WASHINGTON, D.C. — Following Friday’s report that only 67,000 new jobs were created in the private sector in August, the U.S. Chamber of Commerce’s Chief Economist, Dr. Martin Regalia, issued the following statement:
“The employment data released today shows another month of anemic job growth in the private sector and an outright decline in the total number of jobs.
“While this data was better than expected, it is a sad day when such a dismal number exceeds our expectations.
“Once again, these numbers are confirmation that the economy is not growing sufficiently and it is far past time for the administration and Congress to reconsider their economic strategy.”
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.