WASHINGTON, DC- Following release of new job numbers by the Bureau of Labor Statistics showing that the U.S. unemployment rate increased to 7.2% in December from 6.8% in November and that the U.S. economy lost 524,000 jobs in December, U.S. Senator Bob Casey (D-PA) released the following statement:
“As expected, the December job loss numbers were grim. They were record breaking. The unemployment rate is the highest since 1993. The 2.6 million jobs lost this year mark the highest level since 1945.
“I've heard story after story from my constituents about the effect the economy is having on them, their families or their businesses. I hope that Washington will move quickly to pass a stimulus that will immediately jump start the economy, create millions of jobs, reverse the decline in our economy and prepare the country to compete in the new economy.”
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