On
November 17, 2009 a coalition of six major national nonprofit organizations
issued a joint statement calling
on the President and Congress to take urgent action to address the
U.S. jobs crisis. The leaders of the organizations will appear together
at a forum convened by the Economic Policy Institute in Washington,
D.C., where they will talk about their forthcoming efforts to encourage
the passage of a jobs creation plan. The signatories to the statement
are the AFL-CIO, Center for Community Change, EPI, Leadership Conference
on Civil Rights, NAACP, and National Council of La Raza. The full
text of the statement is below.
***
The
U.S. unemployment rate exceeded 10% in October for the first time
in a quarter century. Nearly 16 million Americans who are able and
willing to work cannot find a job. More than one out of every three
unemployed workers has been out of a job for six months or more.
The situation facing African-American and Latino workers is even
bleaker, with unemployment at 15.7% and 13.1%, respectively.
These
grim statistics don�t capture the full extent of the hardship. There
are another 9 million people working part time because they cannot
find full-time work. Millions of others have given up looking for
a job, and so aren�t counted in the official unemployment figures.
Altogether, 17.5% of the labor force is underemployed�more than
27 million Americans, including one in four minority workers. Last,
given individuals moving in and out of jobs, we can expect a third
of the work force, and 40% of workers of color, to be unemployed
or underemployed at some point over the next year.
Despite
an effective and bold recovery package we are still facing a prolonged
period of high unemployment. Two years from now, absent further
action, we are likely to have unemployment at 8% or more, a higher
rate than attained even at the worst point of the last two downturns.
Joblessness
on this scale creates enormous social and economic problems�and
denies millions of families the ability to meet even their most
basic needs. It also threatens our nation�s future prosperity by
casting millions more children into poverty, foreclosing educational
opportunities for many, limiting the investment and innovation that
will fuel future growth, and dimming long-term labor market prospects,
especially for younger workers.
The
president and the Congress have already taken significant steps
to stop the economy�s nosedive. Their efforts have already created
over a million jobs and led to renewed economic growth in the third
quarter of 2009. But it�s clear that much more must be done to generate
millions more jobs to assure a robust recovery that reaches all
Americans.
We,
the undersigned, representing a broad cross-section of Americans,
urgently call on President Obama and members of Congress to take
action to address this severe job crisis. If we act swiftly and
decisively, we can create millions of jobs and provide urgently
needed relief to American families.
A
first step is to provide relief through continued unemployment benefits
and COBRA. This directly helps the State and local governments that
are putting the brakes on growth as they curtail programs in order
to balance their budgets.
Second,
extending substantial fiscal relief to state and local governments
will not only preserve needed services, but will also provide millions
of jobs in both the public and private sectors (as many private
firms deliver public services from health to infrastructure).
Third,
we can directly create jobs that put people to work helping communities
meet pressing needs, especially in distressed communities facing
severe unemployment. These initiatives are critically important
and can be carefully crafted so they do not displace existing jobs
or undermine labor standards.
Fourth,
there are opportunities to invest in infrastructure improvements
in schools, transportation, and energy efficiency that can provide
jobs in the short run and productivity enhancements in the longer
run.
Last,
we should explore spurring private-sector job growth through innovative
incentives and providing credit to small and medium-sized businesses.
These
initiatives will cost money, and we will need to tolerate higher
deficits in the next few years. However, a jobs initiative can be
coupled with a revenue stream, such as a financial transactions
tax, that can take effect in the third year and more than pay for
these efforts over a 10-year period.
Americans
are confronting the worst jobs situation in more than half a century.
This is not a situation we must continue to tough out. A robust
plan to create jobs in transparent, effective, and equitable ways
can put America back to work.
Lawrence
Mishel President
of the Economic Policy Institute
Richard
Trumka President
of the American Federation of Labor and Congress of Industrial Organizations
Deepak
Bhargava Executive
Director of the Center for Community Change
Wade
Henderson President
and CEO of the Leadership Conference on Civil Rights
Benjamin
Todd Jealous President
and CEO of the National Association for the Advancement of Colored
People
Janet
Murguia President
and CEO of the National Council of La Raza
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