Home / Knowledge / News / Apparel/Garments / NRF solicits Obama's support to hike US retail jobs
NRF solicits Obama's support to hike US retail jobs
02
Feb '13
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top priority.

While there are many other important issues on the agenda, the most pressing need for the millions of out-of-work American families struggling to put dinner on the table is a job. Even though jobs grew in January, the increase in the unemployment rate showed that many Americans still can’t find work.

As the industry that already supports one out of every four U.S. jobs – 42 million working Americans – retail is doing its part to put America back to work. Retailers hired half a million workers during the holiday season, and Walmart, the nation’s largest private employer, recently promised to give a job to every honorably discharged returning veteran who asks for one.

Other retailers are quietly conducting hiring programs of their own. But NRF cannot do it alone. NRF needs Washington to embrace policy positions that help with job creation, and to remove barriers that stand in the way.

NRF is forecasting that retail sales – the daily barometer of U.S. economy – will grow 3.4 percent in 2013. But that number could be significantly higher if not for the payroll tax hike that took effect in January, a Medicare tax hike under health care reform, and the decision during the fiscal cliff debate to raise taxes on the “wealthy” that will harm many not-so-wealthy small business owners.

With job creation and the economy in mind and on behalf of the retail industry and the millions of jobs it supports, NRF respectfully requests President Obama for support on the following initiatives:

- Take advantage of the temporary suspension of the debt ceiling to avoid the drama seen during the fiscal cliff debate and instead craft a fiscal plan for the country that provides both a debt ceiling increase and certainty on comprehensive tax reform in 2013. Economic uncertainty helped hold 2012 holiday season retail sales growth a full percentage point lower than forecast, and must not be repeated.

- Avoid the federal spending cuts scheduled to take effect March 1. In the long term, federal spending must be reduced to balance the budget, but poorly timed government spending cuts played a major role in this week’s poor GDP showing. Congress should adopt a budget and provide for an orderly process for adopting long-term spending reforms as opposed to the blunt budget ax of sequestration.

- Pass comprehensive tax reform that eliminates tax breaks that benefit only a few industries in return for lower tax rates for all businesses large and small alike. Lower taxes will make U.S. companies more competitive and boost job creation.

- Create an immigration system that is agile and responsive and addresses the needs of employers and today’s workforce.


Must ReadView All

Uzbekistan wants joint ventures with Hungarian textile firms

Textiles | On 20th Feb 2018

Uzbekistan wants joint ventures with Hungarian textile firms

Uzbekistan has offered Hungary to create joint ventures in the two...

Vietnam’s textile & garment exports up 10.68% in 2017

Textiles | On 20th Feb 2018

Vietnam’s textile & garment exports up 10.68% in 2017

Vietnam came very close to achieving its 2017 textile and garment...

Maharashtra’s new textile policy to privatise cooperatives

Textiles | On 20th Feb 2018

Maharashtra’s new textile policy to privatise cooperatives

The state government in India’s western state of Maharashtra, under...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search