Udall Statement on Labor Department Jobless Report
Senator Mark Udall released the following statement today after the U.S. Department of Labor issued its monthly jobless report. According to the report, employers slashed 524,000 jobs in December, raising the national unemployment rate to 7.2%--the highest unemployment rate in 16 years.
"This morning's Labor Department unemployment report further underscores the need for a bold economic recovery package that has transparency and accountability while creating and protecting American jobs. I will work with President-elect Obama and my Senate colleagues on both sides of the aisle to produce a stimulus package that provides middle-class tax relief, and invests in renewable energy and infrastructure to jumpstart private-sector jobs in Colorado and throughout the country."