[Congressional Record (Bound Edition), Volume 158 (2012), Part 1]
[House]
[Page 988]
[From the U.S. Government Publishing Office, www.gpo.gov]




               UNEMPLOYMENT RATE IS ACTUALLY MUCH HIGHER

  (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, last Friday, the National 
Bureau of Labor Statistics released its jobs report for the month of 
January and revealed that our Nation's unemployment rate continues to 
be above 8 percent, marking the 36th consecutive month of record high 
unemployment.
  Dr. Peter Morici, a business school professor at the University of 
Maryland, recently stated on Fox News that, if you factor in part-time 
workers who would prefer full-time positions, that unemployment rate 
becomes 15.6 percent. Factoring in college graduates in low skill 
positions, like counter work at Starbucks, the unemployment rate is, 
sadly, closer to 20 percent.
  These statistics provide further evidence that the President's 
policies are failing to provide job creation. I hope the President and 
the liberal-controlled Senate will work with the House Republicans on 
the 30 bills that we've already passed for job creation through private 
sector growth which are currently held in the Senate.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

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