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Business Roundtable Statement on May Unemployment Figures

Washington – “Today’s increase in the unemployment rate underscores the need for dramatic action to break down barriers to job creation. First among these are unnecessary regulations. Regulations are both a drag on job creation and on the economy. Regulations are ‘hidden taxes’ that strangle job creation.

“We need action by government agencies to clear out obsolete rules and streamline permitting to reduce delays and impediments for companies to invest and grow. The private sector is the only hope for future job creation. We need to recognize this and work together to let businesses, small and large, invest in people,” said Business Roundtable President John Engler.  

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