[Congressional Record Volume 159, Number 101 (Tuesday, July 16, 2013)]
[House]
[Pages H4490-H4491]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
JOBS REPORT MISLEADING
(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, according to Investor's
Business Daily:
From the media to Wall Street, June's jobs report is being
spun as a major positive, a sign the economy is back on
track. Maybe the pundits should look at the actual numbers,
which are abysmal. At June's pace of 195,000 new jobs a
month, it will take 11 months to get back to where we were in
2007. It's even worse when you consider all of the net
addition to June jobs--repeat, all--were part time. The
underemployment rate shot up from 13.8 to 14.3 percent. This
isn't a solid jobs report. It's a crisis.
House Republicans have passed legislation to promote jobs. Building
the Keystone pipeline alone can create nearly 200,000 jobs. In the
Midlands of South Carolina, the earthmover tires made by Michelin
Corporation are shipped to Alberta, Canada, for oil sand recovery. At
12 feet high and $60,000 for each tire, there are over 300 jobs in
[[Page H4491]]
Lexington, with another 300 persons building engines for Alberta at MTU
in Graniteville of Aiken County.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
Happy 40th birthday today, South Carolina Attorney General Alan
Wilson.
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