Job Losses Prove We Need to Help American Families Quickly

By Chairman George Miller on 11-07-2008, 10:52 AM in

The U.S. Bureau of Labor Statistics announced today that the unemployment rate jumped to 6.5 percent after 240,000 jobs were lost in October, the highest unemployment rate since March 1994.

Today’s announcement that our economy lost almost a quarter million jobs in October proves that we need to move quickly to help American families deal with a rapidly failing economy. The 1.2 million Americans who lost their jobs this year are desperate for real solutions to get our nation back to work and our economy moving forward again.

We must get started right away by passing a Main Street recovery plan that will get Americans back to work by making real investments in energy independence and infrastructure improvements, and providing immediate relief to families and workers struggling with long-term unemployment.

More than a million out of work Americans stand to lose their extended unemployment benefits by the end of the year. With potentially millions more joining the ranks of the long-term unemployed, any economic recovery package must extend the amount of time that a worker can receive unemployment insurance benefits while they look for another job.

As we build a more resilient and robust economy, we must also ensure that workers are able to benefit as growth returns. Workers must be able to earn a fair wage, decent benefits and have the ability to enjoy a secure retirement. I look forward to working with the new Congress and the Obama administration to enact additional policies that will further strengthen our economy and its backbone – American workers and middle-class families.