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Job Losses Continue for Six Consecutive Months As Economy Gets Worse

Date: July 23, 2008
Location: Washington, DC
Issues: Employment and Affirmative Action Economy and Fiscal


JOB LOSSES CONTINUE FOR SIX CONSECUTIVE MONTHS AS ECONOMY GETS WORSE -- (House of Representatives - July 23, 2008)

Mr. CLEAVER. Madam Speaker, our economy has now lost 430,000 jobs this year. The latest employment numbers show 62,000 jobs lost last month alone. This only adds to the growing financial insecurity among America's middle income families.

For the past 7 years, this administration has been supporting the same old policies that got us into this recession. The 3.8 million Americans who continue to struggle to find work in this sluggish economy can no longer afford the poisonous policies of the past. They can't afford to drive their kids to school because of over $4 a gallon in gasoline.

A Teamster told me at home last weekend that it cost him $1,000 to fill his rig. He can't afford to stay in the business. No one can afford to buy groceries because the price of milk and bread has soared past inflation.

And while Senator John McCain's chief economic adviser says Americans are simply whining about the economy, Democrats believe that we need to actually do something.

Madam Speaker, this new law that we passed 13 weeks ago to help 1.6 million Americans will help middle class families.


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