Video: Jackson Jr. on 99ers and Drop in Jobless Rate

Posted on February 10, 2011 by

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Original video of Congressman Jesse Jackson Jr. addressing the illusion of unemployment rates on the floor of the House can be found at Jesse Jackson Jr. on Facebook.

Transcript of speech:

The unemployment rate dropped last month from 9.4% to 9% but only 36,000 jobs were created. Wow, 36,000 jobs, equals 0.4%. How did the rate drop so much with only 36,000 new jobs?

Mr. Speaker, Madame Speaker, it’s an illusion. If you are chronically unemployed and have given up looking for a job, you don’t count as unemployed in america. You fall out of the statistics.

So, as more and more people are out of work for longer periods of time, they are literally left out of the system.

Houdini couldn’t have performed an illusion as clever as the Bureau of Labor Statistics. But shouldn’t a government of, for and by the people care about its most vulnerable in this economic climate?

I want to remind the government of the urgency of our economic situation.   Send me your résumé and your story to resumesforamerica@mail.house.gov.  I want to have your story entered into the congressional record to remind the congress of the fierce urgency of now.

Madam Speaker, stop the illusions. The American people need jobs and they want to go to work.   We have too many Americans chronically unemployed and we don’t even count them anymore. We need to do something about it and we need to do something about it now.

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