House Speaker Nancy Pelosi (D-Calif.) just released the following statement regarding a report showing the unemployment rate remained at 9.5% during the month of July:
“This jobs report shows private employers and businesses taking the lead in our economic recovery — and a sharp turnaround from the 700,000 jobs per month lost under President Bush — despite Congressional Republicans fighting against the economic recovery every step of the way.” “Today’s report shows our teachers, police officers, firefighters, and nurses are still feeling the worst of the Bush recession — while Republican leaders demean them as ‘special interests’ and try to block legislation that will grow our economy. Democrats will return next week to save or create hundreds of thousands of jobs for our teachers, nurses, firefighters and police officers — and close loopholes that allow corporations to ship American jobs overseas.”