Pelosi:
Where Are the Jobs, Mr. President?
August
1, 2003
Washington,
D.C. -- House Democratic Leader Nancy Pelosi released the following
statement today on the Bureau of Labor Statistics' announcement
that 470,000 people abandoned their job searches in July and that
3.2 million private sector jobs have been lost since President Bush
took office:
The fact
is that President Bushs misguided economic policies have failed
to create jobs. Since President Bush took office, the country has
lost 3.2 million jobs, the worst record since President Hoover.
And today we learned that in July nearly half a million people gave
up looking for a job.
Job losses
are taking a real toll on the financial security of American families.
While Democrats are fighting for opportunity, jobs, and economic
security for working families, Republicans continue to focus on
helping those who need help the least.
According
to todays survey, while the national unemployment rate dropped
slightly, it still stands at a near record high. In addition, the
unemployment rate for African Americans was still over 11 percent
in July, and the unemployment rate for Hispanics was 8.2 percent
in July.
It is
time for President Bush and the Republicans to get to work for all
Americans, not just the elite few.
###
|