The National Retail Federation welcomed President Obama's emphasis on job creation in last night's State of the Union address, saying jobs are the key to economic turnaround for the nation's economy and retail in particular.
“President Obama's focus on the economy and job creation needs to be Washington's highest priority,” NRF President and CEO Tracy Mullin said. “As the industry that employs one out of every five Americans, we stand ready to work with the President and Congress to enact legislation that will allow our nation's economy to improve and put Americans back to work. Jobs are truly the key to economic recovery, and that is seen no more clearly than in the retail industry: consumers don't shop if they don't have jobs, and there's no market for the goods produced by other industries if consumers aren't shopping. The economy simply isn't going to get back on its feet until the employment situation improves.”
“The President and Congress should let businesses do what businesses do best: prosper and create jobs,” Mullin said.