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WASHINGTON
- April 4 - Today’s report that the economy lost another
108,000 jobs in March is more dismal evidence that current economic
policies are failing to create good jobs that pay well and support
families. On average, America has lost a stunning 105,000 private
sector jobs every month since the President George W. Bush’s
inauguration. Neither the war in Iraq nor the 9/11 attacks explain
this disastrous record: the loss of 2.6 million private sector
jobs began before these events and has been steady ever since.
Meanwhile, even as workers struggle to keep the jobs they have,
the administration and Congress have started to give employers
more ways to load up workers with unpaid hours by taking apart
the laws that guarantee overtime pay, thus drying up even more
job opportunities.
The fact
that the unemployment rate stayed at 5.8 percent in March does
not balance out discouraging truths about looking for work in
America. More than 1 million people simply gave up looking for
work last month, a jump of 200,000 over this time last year.
The number of workers unemployed for six months or longer, 1.7
million, is up nearly half a million more than a year ago. And
the manufacturing sector, one of the hardest hit industries
since President Bush took office, lost another 36,000 jobs.
The growing
crisis for workers in the airline industry, which has lost more
than 150,000 jobs since January 2001, offers a sad example of
how the government has neglected working families. Congress
and President Bush deliberately refused to include assistance
to laid-off airline workers when it passed a corporate bailout
bill at the end of 2001 and the president continues to talk
down how much assistance the government will give, despite massive
layoffs.
The unemployed
in all industries are paying for the recession with their jobs,
health care and retirement savings. They need emergency jobless
benefits extended until jobs are available again and this time
Congress and President Bush cannot leave out the one million
laid-off workers who exhausted their benefits and still can’t
find work.
Two years
ago, Congress passed a massive tax cut that President Bush claimed
would create jobs and turn around the economy. Since then, we
have lost jobs and the economic situation has deteriorated.
Yet the president argues we need more of the same medicine –
more unbalanced and unfair tax cuts for the very rich –
to create good American jobs. President Bush is wrong. Congress
can build a stronger, more secure future for all Americans and
for our children by building schools and roads, investing in
hospitals and job training. Unbalanced tax breaks are destroying
opportunities for the future and will only further wreck families’
economic security.
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