June 15, 2012
Washington, D.C. - Nevada Senator Harry Reid issued the following statement after Nevada’s unemployment rate dropped to 11.6% percent in May:
“While the continued decline in our state’s unemployment rate is encouraging, we must continue to create good paying middle class jobs to strengthen Nevada’s economy. I will continue to work to help strengthen Nevada’s small businesses and as President Obama said yesterday, build on the investments in education, clean energy, innovation, and infrastructure that we have made over the past few years. These investments will create an economy that’s built not from the top down, but from a growing middle class.
The Senate will soon take up a small businesses jobs bill that will give Nevada’s small business a tax cut to encourage hiring. The legislation also provides new tax credits to small businesses that increase their payrolls and faster write-offs for those that invest in new equipment. Giving Nevada small businesses the flexibility to hire more workers will help to expand our state’s middle class. I hope my Republican colleagues will join with us to pass this important bill. I will continue to work every day to put Nevadans back to work.”