Submitted by Jesse Russell on January 10, 2010 - 6:46pm
December’s job numbers were worse than expected – another 85,000 jobs gone. The jobless rate held steady at 10 percent.
But AFL-CIO President Rich Trumka says that’s only because 661,000 workers left the labor force altogether. Trumka says this ominous sign of the deep and continuing suffering of working people raises the possibility of both a double-dip recession and long-term wage and job stagnation.
With 6.1 million Americans looking for work, the AFL-CIO says Congress and the President must move forcefully to create jobs. It took years of financial abuses and corporate giveways by government to get us to this point, Trumka says, and we will only climb out of the hole by keeping our foot on the accelerator urging Congress to quickly pass job creation legislation.
The AFL-CIO says a comprehensive strategy of jobs creation through rebuilding crumbling infrastructure and investing in green jobs along with extended aid to the jobless and to budget strapped state and local governments will get the economy moving again.
Americans need to start using community banks to get small business lending going again and the economy moving again for working people.
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