TPA Responded to May’s Private Jobs Report

For Immediate Release                                                                             Contact: Abigail Graham: (202) 417-7235

June 2, 2022                                                                                                                   

Washington, D.C. – The Taxpayers Protection Alliance (TPA) responded to the private business jobs report for the month of May 2022—marking it as the slowest month of recovery since the pandemic began.

In response, TPA Executive Director, Patrick Hedger, offered the following statement:

“Americans are struggling with inflation at 8.3 percent and average hourly earnings being down 2.6 percent. And, for the month of May private business employment only grew by 128,000—less than half of what economists predicted at 299,000 jobs.

“President Biden released his plan to stimulate the economy and curb inflation, but unfortunately, his plan is more of the same taxing, spending, and regulating that is scaring business owners in the first place. 

“Small businesses continue to have a hard time bouncing back from pandemic restrictions and regulations. Small business is the backbone of America and it’s time for real proposals from Washington to curb inflation, strengthen the supply chains, and fix the labor shortage. Most of the solution is simply getting out of entrepreneurs’ way.”

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 Taxpayers Protection Alliance (TPA) is a non-profit, non-partisan organization dedicated to educating the public through the research, analysis and dissemination of information on the government’s effects on the economy.