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Rangel: Sept Jobs Report Shows Economic Progress

Statement

By:
Date:
Location: New York, NY

Congressman Charles B. Rangel issued the following statement after the Labor Department released the September jobs report on October 5, 2012, announcing that the U.S. economy added 114,000 jobs and the national unemployment rate fell to 7.8 percent. With private businesses adding 104,000 jobs and government adding 10,000 jobs, this marks the 24 months of job growth:

"Numbers don't lie; the drop in unemployment rate to 7.8 percent in September shows that President Barack Obama's economic plan to get America working again and rebuild our economy is working.

I am particularly pleased that Black and Latino unemployment rates fell from 14.1 percent and 10.2 percent, respectively to 13.4 percent and 9.9 percent. This not only reflects the President's concentrated economic policies focused on getting America back on top, but also reducing the disproportionate inequality that lingers in minority communities and prevents sustainability.

The Republicans can try to criticize the pace of improvement, but they have done nothing to help create jobs during their time in the House majority. Instead of offering a concrete plan to steady the economy, they have directed their obstructionist energy towards blocking Democratic efforts to pass the President's American Jobs Act.

President Obama and Democrats will continue to restore faith in the American Dream by strengthening the middle class and investing in manufacturing, education, and infrastructure. We are guaranteed economic success if everyone assumes responsibility, plays by the rules and works hard collectively."


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