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Senator Kennedy on Declining Job Numbers

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SENATOR KENNEDY ON DECLINING JOB NUMBERS

Today's employment report shows a loss of 533,000 jobs, the eleventh consecutive month of job losses and the largest one-month loss since 1974. The national unemployment rate rose to 6.7% and the number of unemployed Americans rose to 10.3 million. Senator Edward M. Kennedy, Chairman of the Senate Health, Education, Labor and Pensions Committee, released the following statement:

"Today's dire jobs numbers show the unrelenting toll the recession is taking on employees and their families. Now, more than ever, we need a strong economic recovery package that creates jobs, strengthens the safety net, and invests wisely in the nation's future. I look forward to working with President Obama and my colleagues in Congress to end this nightmare and begin a new era of shared prosperity and growth for our country."


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