on New Unemployment Numbers
D.C. -- House Democratic Leader Nancy Pelosi today released the
following statement today on the new unemployment numbers and less
than expected job growth:
economic news underscores the urgency of extending long-term unemployment
benefits. The job numbers are finally showing signs of life, but
the economy still has a long way to go to recover from the hemorrhaging
of private sector jobs during the last three years.
nine million Americans remain unemployed, including more than 1
million Californians. Since President Bush took office, he has lost
nearly 3 million private sector jobs, almost 10 percent of which
were lost in California. President Bush has the worst record of
job creation of any President since Herbert Hoover.
a half million people have already exhausted their unemployment
benefits. If Congress does not act next week, 90,000 people every
week will be denied extended unemployment benefits, beginning right
after Christmas. That means nearly 2.2 million unemployed workers
will be denied benefits in the first six months of the new year.
are fighting to extend unemployment insurance before Congress adjourns
next week. After delivering windfall profits to HMOs and big drug
companies, Republican leaders in Congress must not deliver working
families a lump of coal.