The increase in jobs growth reported today by the Bureau of Labor Statistics—200,000 jobs gained as unemployment fell to 8.5 percent—is a modest improvement but one that remains virtually invisible to Working America’s 3 million members. Small improvements in jobs numbers are welcome news, but they are not enough.
The increase in jobs growth reported today by the Bureau of Labor Statistics—200,000 jobs gained as unemployment fell to 8.5 percent—is a modest improvement but one that remains virtually invisible to Working America’s 3 million members. Small improvements in jobs numbers are welcome news, but they are not enough.
Working America members are among the nearly 6 million people who have been jobless for more than six months. Employment in communities of color remains an ongoing catastrophe. And many workers have given up looking for work, leaving them uncounted in the statistics we read every month.
As corporations sit on huge piles of cash, they refuse to hire, devastating the economy. Not only are millions without work, there are 7.5 million homes that have entered into the foreclosure process, with 4.8 million more homes at risk.
Lawmakers should be calling for robust investment in infrastructure to rebuild crumbling roads, schools and bridges. They should be protecting homeowners and consumers from runaway banks and a financial system that favors the 1%. They should be holding accountable corporations who hoard their profits, rather than hire in the United States. Those would be the modest improvements to our economy worth celebrating.
Contact Aruna Jain: 202-674-6463
202-637-3952