I look forward tonight in this next hour to discuss the Democratic small business agenda, one that I believe will really help to bring our country further out of the recession that we are now climbing out of. As our country struggles to overcome the effects of the financial crisis and economic recession, we must look for innovative ways to help create new jobs and foster private sector growth. We must act aggressively to counter the job losses of the past 2 years. And those job losses have been great. More than 8 million jobs have been lost since the recession began in late 2007. Our Nation's unemployment rate is near 10 percent, and in many areas well above 10 percent. Job losses are on the decline, which is good news amidst so many months of recession, but we still have a very long way to go. The number of long-term unemployed individuals in the United States is extremely high, totaling 6.1 million people as of last month. That is 6.1 million people who have been out of work for 27 weeks or longer. That is nearly 7 months of unemployment.
Editor's note · Context
Dahlkemper addresses the impact of the recession and the need for a small business agenda to create jobs.
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