Pelosi Statement on Jobless Claims Rising to Highest Level in 16 Years

WASHINGTON, Nov. 20 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released the following statement regarding Labor Department figures released today showing that new U.S. jobless claims rose to their highest level in more than 16 years.

"With more Americans filing for jobless claims than at any time since the 1992 recession, Congress and the President must act to extend unemployment benefits for workers. I am pleased that President Bush has today joined the New Direction Congress in supporting this critical step.

"The depth of the nation's economic problems demands additional action, which is why the House passed strong economic recovery and job creation legislation in September that creates jobs by investing in infrastructure, extends unemployment benefits, helps states avoid deep cuts to critical services, and provides nutrition assistance to struggling families. President Bush and Senate Republicans should work with us to help make this legislation law."

SOURCE Office of the Speaker of the House

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