Congressman Sander Levin

 
 
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For Immediate Release
February 6, 2009
  FOR MORE INFORMATION:
Hilarie Chambers
Office: 202.225.4961
 
Staggering Job Loss Numbers Underscore Need for Immediate Economic Recovery Package
  Every day that passes is a day wasted in turning around devastating and unprecedented economic conditions
 
(Washington D.C.)- In response to today’s jobs report from the Department of Labor (DoL), Rep. Sander Levin (D-MI) reiterated the importance of fast action on the recovery package pending in Congress.

“These statistics are staggering, and the workers and families behind them are unsettled over our nation’s continuing economic decline,” said Rep. Levin.  “We must finish work on a comprehensive recover package to create jobs, make key investments to re-shape our economy, and support families during the downturn.”

“There is a crisis of confidence in our country,” Rep. Levin said.  “In our communities, neighbors are being laid off, homes are foreclosing, roads are in disrepair, schools and local governments are cutting back and families are losing health insurance.”

“The recovery package responds to these concerns, and will begin to stabilize the spiraling downturn,” concluded Rep. Levin.

Key Facts from the Jobs Report

598,000 jobs were lost in January – the 13th straight month of jobs losses and the worst month of job losses since 1974.
3.6 million jobs have been lost since the start of the recession in December 2007.  About one-half of this decline occurred in the past 3 months.
The national unemployment rate rose to 7.6%.  The number of unemployed Americans is now 11.6 million -- the highest level in 27 years.

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