[Congressional Record (Bound Edition), Volume 158 (2012), Part 6]
[House]
[Page 8277]
[From the U.S. 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.

                          ____________________