SCHAKOWSKY: BUSH ADMINISTRATIONS MISSTATEMENT OF THE DAY THE ECONOMY AND LOSS OF JOBS

October 3, 2003
Press Release

OCTOBER 3, 2003

SCHAKOWSKY: BUSH ADMINISTRATION'S MISSTATEMENT OF THE DAY -
THE ECONOMY AND LOSS OF JOBS

CHICAGO, IL - U.S. Representative Jan Schakowsky (D-IL) issued today's "Bush Administration's Misstatement of the Day" on the Bush economic plan that has cost millions of jobs.

During a speech in Milwaukee today, President Bush said:

"We will continue to create the conditions for increased employment in America, so everybody can find a job. . Things are getting better." (President Bush, 10/3/03)

However, the Bureau of Labor Statistics announced this morning:

  • 3.2 million private sector jobs have been lost around the country since President Bush took office.
  • Nationwide, the unemployment rate is currently 6.1 percent, a figure that does not account for the more nearly 400,000 discouraged people who abandoned job searches because they believed no jobs were available.
  • 5 million People are working part-time because they can't find full-time work.
  • The number of long-term unemployed workers increased during the month of September by more than 150,000, for a total of 2.1 million people who have been unemployed six months or longer, the highest level since the last Bush Administration.