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U.S. Unemployment Rate Drops In November

Press Release

Location: Washington, DC

Today Rep. Eric Massa highlighted Friday's Department of Labor announcement that the unemployment rate dropped from 10.2% in October to 10% in November. This announcement also showed that during November, 11,000 jobs were lost nationwide which is the fewest jobs lost in a month since the beginning of the recession.

"I am cautiously optimistic, but I think we are headed in the right direction," said Congressman Eric Massa. "The 111th Congress has worked very hard to create jobs and improve our economy which was in freefall when we took office. This is a lot like being given the controls of an airplane while it's in a full nosedive - it's been discouraging to have lost altitude during the last year, but top economists are saying that we're almost leveled off and ready to start climbing again. I never read too much into individual month-to-month reports like this, but we are working very hard to create an improved economic environment and I am hopeful that we will see improved numbers in the New Year. I remain fully committed to making this happen to the best of my ability."

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