December 5, 2008

Statement of Senator Hillary Rodham Clinton on November Job Losses

WASHINGTON, DC – Senator Hillary Rodham Clinton made the following statement after the U.S. Department of Labor reported that the economy lost 533,000 jobs in November, the most in 34 years.

“More Americans lost their jobs in November than in any single month since 1974. The unemployment rate has hit 6.7 percent. This is only the latest evidence that swift action is needed to put our economy on the road to recovery. I continue to advocate for a comprehensive stimulus package to invest in clean energy and infrastructure projects that will put hundreds of thousands of Americans back to work, to assist cash-strapped cities and states and prevent cuts to critical services, and to prevent foreclosures and keep families in their homes. And with nearly 98,000 auto-related jobs in New York, and millions more across the country threatened, we should also take steps to stabilize the automakers.

"Today’s unemployment report underscores the urgency of acting decisively and boldly to get our economy growing again.”


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