[Congressional Record Volume 158, Number 83 (Tuesday, June 5, 2012)]
[House]
[Page H3408]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
UNEMPLOYMENT RATE IS MUCH HIGHER THAN ADVERTISED
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Mr. Speaker, the President's policies
are failing our families and destroying jobs. Since the President was
sworn into office in January 2009, our citizens have lost a net of
740,000 jobs, as was discovered on Friday.
For the past 40 months, the unemployment rate has remained above 8
percent. Sadly, during the month of May, this rate increased from 8.1
percent in April to 8.2 percent. The biased liberal media can no longer
conceal the truth of the President's failed policies.
And to make matters worse, if the number of Americans who want to
work but have stopped looking for a job and those who are forced to
work part-time were factored into the equation, the real unemployment
rate would rise to 14.8 percent.
House Republicans have passed over 30 bipartisan bills which would
promote job creation. I urge my colleagues in the Senate to take
immediate action on these pieces of legislation and help put American
families back to work.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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