CHAIR MALONEY REACTS TO GRIM JOBS NUMBERS

Washington, D.C. - Today the Bureau of Labor Statistics (BLS) released its monthly jobs report for March.  Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee, released the following statement in reaction to the 663,000 jobs lost last month, 5.1 million since the start of the recession 15 months ago, bringing the unemployment rate to 8.5 percent:

“Today’s unemployment numbers are grim, but they show the wisdom of Congress and the President’s agenda to rebuild our economy.  Both the Recovery Act and budget, passed just last night, are targeted at getting Americans back to work and making strategic investments to grow our economy.”