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NEW STATE JOB DATA
UNDERSCORES NEED FOR JOB STIMULUS
Harrisburg,
April 18, 2008
-- New state data
released today showing the 2nd consecutive monthly loss of
jobs in Pennsylvania "underscores the need for state action now to help
Pennsylvania weather the nation's economic slide," Senate Democratic
Whip Michael A. O'Pake (D-Berks) said today.
O'Pake said the latest employment information from the state
Department of Labor and Industry, showing the loss of 2,900 Pennsylvania
jobs in March on top of the 8,000 jobs lost in February "reinforces what
we know: that Pennsylvania is not an island unto itself; that
Pennsylvania is not immune from what many already believe is a national
economic recession."
However, what the new data also shows, O'Pake said, is that
"this is no time for dilly dallying on passage of fiscally-responsible,
common sense economic stimulus measures" like the legislation (SB 1358)
he's introduced on behalf of the Rendell administration to increase the
state's Job Creation Tax Credit for businesses from $1,000 to $3,000 for
each new job created.
"This should be a no brainer. It deserves overwhelming
bipartisan support. It doesn't cost the state's General Fund one
additional dime, and it'll help to boost job creation in Pennsylvania at
a critical time," O'Pake said.
O'Pake has urged his Senate Republican Majority colleagues,
who control the flow of bills in the state Senate, to act on the
legislation without delay.
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