ALG - Positive job growth doesn't stem workforce participation collapse

Labor Participation has not been this bad since 1981

March 8, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement in response to the latest job numbers:

"Private employers continue to move forward in creating jobs in spite of regulatory headwinds and higher taxes.  Incredibly, while the number of jobs created by the private economy continues to grow, the number of people who are abandoning the workplace also continues to accelerate.  In February alone, almost 300,000 more workers left the workforce and the percentage of workers in the labor force dropped to its lowest level since 1981 at 63.5 percent.

"It is stunning that in spite of running a consistent trillion dollar plus deficit, with the Federal Reserve propping up the housing sector to the tune of $40 billion a month, that we are still seeing a mass exodus from the workforce by Americans in Obama's economy.  In fact, almost twice as many Americans just said no to the Obama economy than got jobs in February.  This stark rejection of hope for a better future by so many, stands as a bright red warning sign about our economy's long-term future."

To view online: http://getliberty.org/positive-job-growth-doesnt-stem-workforce-participation-collapse/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.

NHDP - Chair Ray Buckley's Statement on GOP Senators Vote Against a Pro-Jobs Bill

Concord, NH - New Hampshire Democratic Chair Ray Buckley issued the following statement in response to State Senators Andy Sanborn, Sharon Carson, and Jim Rausch voting against Senate Bill 143 which expands the New Hampshire Working Program.

 

"It was disappointing to see Senators Sharon Carson and Jim Rausch join Tea Party Senator Andy Sanborn in showing their true colors and proving they aren't interested in creating jobs or moving New Hampshire forward. Senate Bill 143 creates the 'Pathway to Work' program which encourages and enables unemployed workers to create their own jobs by starting their own small businesses," said Buckley. 

 

"This is an innovative jobs program to help train unemployed workers to start their own small businesses.  Why would Senators Carson, Rausch, Sanborn vote against helping move unemployed Granite Staters to meaningful work?"

Governor Hassan Tours New Hampshire Ball Bearings in Laconia

Office of New Hampshire Governor Maggie Hassan

Paul O'Brien (right), product engineering manager at New Hampshire Ball Bearings, shows examples of NHBB’s products to Governor Hassan during a visit to their Astro Division facility in Laconia on Thursday

LACONIA – Governor Maggie Hassan continued her statewide “Innovate NH” tour today with a visit to New Hampshire Ball Bearings’ (NHBB) Astro Division, where she toured the company’s operations, met with employees, and highlighted the need to help New Hampshire’s people develop skills for jobs in an innovative economy.

New Hampshire Ball Bearings, Inc. is a leading manufacturer of precision bearings and complex bearing assemblies for the aerospace, defense, medical, dental, and high-technology markets. NHBB has partnered with higher education institutions, including Lakes Region Community College, to develop the workforce training programs needed to fill jobs at the company.

Governor Hassan’s balanced budget proposal begins to implement her “Innovate NH” jobs plan to build a strong, highly skilled workforce that will attract innovative businesses and good jobs. Her proposal substantially restores cuts made to New Hampshire’s public universities and community colleges in exchange for freezing in-state tuition for the next two years in order to make higher education more affordable and accessible.

Hassan's “Innovate NH” tour features stops across New Hampshire, including visits to innovative businesses and discussions with local leaders, educators and citizens, as part of her efforts to reach out to Granite Staters for their input on building a stronger, more innovative New Hampshire.

Governor Hassan to Continue "Innovate NH" Tour, Highlight R&D Tax Credit

Office of New Hampshire Governor Maggie Hassan

MERRIMACK – TODAY, Governor Maggie Hassan will continue her statewide “Innovate NH” tour with a visit to Nanocomp Technologies, Inc., where the Governor will highlight the need to expand the state’s research & development tax credit.

Founded in 2004, Nanocomp produces high-performance strong, light and conductive sheets, tapes, wires and yarns comprised of high concentrations of carbon nanotube (CNTs) fibers. Nanocomp's products have been used in aerospace and defense, aviation, automotive, energy and consumer market applications.

Governor Hassan’s “Innovate NH” jobs plan calls for the expansion of the R&D tax credit to help innovative businesses like Nanocomp develop new technologies and create jobs in New Hampshire. Earlier today, the Governor submitted a letter to the Senate Ways and Means Committee in support of passage of SB1, which would double the R&D tax credit and make the provision permanent.

WHAT:          Governor Hassan to Tour Nanocomp Technologies Inc.

WHEN:          Wednesday, January 23, 3:45 p.m.

WHERE:       Nanocomp, 57 Daniel Webster Highway, Merrimack

Governor Hassan Tours Globe Manufacturing in Pittsfield

Governor Hassan (center) meets with an employee as she tours Globe Manufacturing in Pittsfield along with company president Don Welch (left) [Photo credit: Lorna Colquhoun, Department of Resources and Economic Development]

CONCORD – Governor Maggie Hassan continued her statewide “Innovate NH” tour today with a visit to Globe Manufacturing, where she toured the company’s operations and met with Globe employees.

Globe Manufacturing, based in Pittsfield for over 100 years, is the nation’s largest manufacturer of firefighter suits and emergency responder gear, producing innovative products to keep our first responders safe.

Hassan's “Innovate NH” tour features stops across New Hampshire, including visits to innovative businesses and discussions with local leaders, educators and citizens, as part of her efforts to reach out to Granite Staters for their input on building a stronger, more innovative New Hampshire.