This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Congressman Fattah: New Job Numbers Indicate The Economy Is Growing At A Steady Pace

WASHINGTON, April 5, 2013 /PRNewswire-USNewswire/ -- Congressman Chaka Fattah (D-PA) Member House Appropriations Committee releases the following statement on the latest job numbers.

"The latest job numbers give Americans reason to be optimistic that the economy continues to show signs of improvement.  There is steady progress in hiring with 88,000 jobs being added in March, marking the 37 th month of consecutive growth.

"Step by step, the economy is getting stronger, yet, there are millions of Americans still out of work.  Before sequestration, there were strong signs the economic recovery was taking hold. However, cuts to government services, resulting in anticipated furloughs means growth will stall.  The Congressional Budget Office says by the end of the year 750,000 American jobs will be lost due to sequestration.

"While today's report shows 500,000 have stopped looking for work, one reason for that can be found in a recent study from the Heritage Foundation, which shows that as millions of baby boomers retire, the worker participation rate will drop.

"There is still much work to be done to get our economy back on solid ground.  For the sake of the American people and our economy as a whole, I once again call on my colleagues to put partisan politics aside and let's work together to put people back to work.

"Americans understand that recovery won't happen overnight, but they also know that the Obama Administration's economic policies are moving us in the right direction."

SOURCE Office of Congressman Chaka Fattah
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.58 -1.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs