Last week, the unemployment rate dropped to 9.7 percent, and the economy added over 400,000 jobs. Since the beginning of last year, we have added an average of 200,000 jobs a month. Unemployment rates dropped in 90 percent of the Nation's largest metro areas, with much of the improvement seen in the manufacturing sector instead of outsourcing like it was done in the past administration. And thanks in large part to the first-time home buyers tax credit, home sales rose in April as well. But while our economy is showing signs of progress, our work is far from over. We must continue to focus on solid, job-creating bills that will help our economy move forward. Yet even though progress has been made, Republicans want to continue to side with Wall Street and the big banks that caused the crisis. Saying 'no' over and over again is not progress; it is destructive. Democrats are committed to keep on working and focusing on initiatives that will correct the failed policies of the past, but we all must work together.
Joe Baca: “Last week, the unemployment rate dropped to 9.7 percent, and the economy added over 400,000 jobs. Since the beginning of…”
Editor's note · Context
The speaker discusses recent economic improvements and the need for continued legislative action.
Share
More from Joe Baca
First of all, Mr. Speaker, I'd like to welcome our troops back; and as we welcome them back, let's make sure we take care of them while they're here in the United States as well and make their lives a lot better. Mr. Speaker, it's time to…
I agonize over the jobs that will be lost because businesses are no longer able to effectively manage their risks.
Today I rise to speak of the need to protect the health care of American women. Last week, I hosted a women's conference focused on the benefit of the Affordable Care Act for women. The historic health care reform is a step in the right…
The American people need a tax plan that will help grow the middle class and create jobs right here in the United States. The American people want jobs to take care of their families. Sadly, the Republicans are holding the tax breaks for…





