Statement on New Jobs Numbers

Date: July 2, 2004
Location: Washington, DC


Pelosi Statement on New Jobs Numbers

Washington, D.C.-House Democratic Leader Nancy Pelosi released the following statement today on the new national job numbers, which showed that only 112,000 new jobs were created in June, 11,000 manufacturing jobs were lost last month and the average length of unemployment is at a 20 year high:

"Today's announcement of 112,000 new jobs falls far short of expectations.

"While some Americans have found jobs, the nation is still experiencing a huge jobs deficit with nearly two million private sector jobs lost since President Bush took office-the worst economic record since the Great Depression. The average length of unemployment is at a 20 year high, and 11,000 manufacturing jobs were lost last month, with manufacturing employment remaining at a 53-year low.

"America needs action now. Democrats' 'American Jobs Plan' would make businesses more competitive and create better-paying jobs here at home. President Bush and the Republicans in Congress have missed opportunities to jump-start our economy but continue to support tax breaks for corporations sending jobs overseas.

"Clearly, President Bush and the Congressional Republicans' economic policies do not work, and they are unwilling to consider proposals that will. America is ready for a change."

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