Our Economy is on the Rise

Statement

Date: Oct. 5, 2012
Issues: Transportation

This week, the Labor Department announced in its jobs report great news about our economic recovery. The unemployment rate has dropped to 7.8 percent--its lowest level since January 2009. In September, 114,000 jobs were created, marking thirty-one straight months of private sector job creation.

It is also a milestone in our economic recovery. At the height of the Great Recession in January 2009, 4.3 million jobs had been lost. Over the past three years, 4.5 million jobs have been created.

With thousands of Hoosiers still looking for work, I realize we've still got a ways to go. That's why I am committed to working with my colleagues, Republicans and Democrats, to pass crucial job-creating legislation like the American Jobs Act and the Make It in America agenda. Thousands of jobs also would be created by making smart investments in building and repairing roads, bridges, highways and railways all across the United States. I remain fully committed to passing commonsense legislation to ensure that we remain on the path of sustained economic recovery.


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