Today’s employment report should serve as a clear reminder that the pace of economic growth must accelerate if we are to see sustained improvements in the labor market.

The global economy is in a precarious position and our current policies are not meeting our fiscal challenges. In order to alleviate some of the uncertainty businesses are feeling, we must put aside differences and act in the nation’s best interest to address these issues. We must address the fiscal cliff while agreeing on a plan to substantially reduce our long-term budget deficits, ease the burden of regulations on our nation’s entrepreneurs, and expand our trading agreements around the globe.