Find out how the union
makes a difference on
the job.
Newsline: September 2003
Bush Policies Boost Jobless Rate
American workers today are facing the biggest job crisis in the United States since the Great Depression. The nation’s economy has shed 3.1 million private-sector jobs, approximately 110,000 per month, since President Bush took office, the largest job loss since the administration of President Herbert Hoover.
During the last full month before Bush took office in December 2000, the unemployment rate was 3.9 percent. In June, the official U.S. unemployment rate rose to 6.4 percent — representing 9.4 million unemployed workers, the highest figure since April 1994. June losses include 56,000 manufacturing jobs — bringing to 2.4 million the number of manufacturing jobs that have disappeared since January 2001.
Some Americans were hit disproportionately hard: African Americans, for instance, suffered an 11.8 percent unemployment rate in June, according to the federal Bureau of Labor Statistics (BLS).
Download Sept. 2003 Newsline PDF
American workers today are facing the biggest job crisis in the United States since the Great Depression. The nation’s economy has shed 3.1 million private-sector jobs, approximately 110,000 per month, since President Bush took office, the largest job loss since the administration of President Herbert Hoover.