Saturday, June 23 , 2018, 7:37 pm | Overcast 65º

 
 
 
 

Rep. Lois Capps: Bleak Jobs Report Underscores Need for Quick Stimulus Action

Rep. Lois Capps, D-Santa Barbara, released the following statement after the Labor Department announced the U.S. economy lost 598,000 jobs in January, the largest one-month decline since 1974, and the unemployment rate hit 7.6 percent, its highest point in 16 years:

“Today we received more sobering news about the poor state of the American economy. The news that our economy lost 598,000 jobs in the last months comes on the heels of weeks of layoff announcements on the Central and South Coasts and around the country. We are also seeing a record number of Americans filing for unemployment benefits and California’s unemployment rate recently soared to 9.3 percent. Unfortunately, we are still suffering the effects of former President George W. Bush’s failed economic policies.

“Even as we try to process these troubling numbers, we know that the real story is the impact on millions of families who are struggling to get by and who are depending on leaders in Washington to act now to help them. It is abundantly clear that action is necessary to alleviate the suffering of families and communities hurt in this faltering economy. Working with President Obama, Congressional Democrats have developed legislation — the American Recovery and Reinvestment Act — that puts in place the type of smart tax cuts and investments to get our economy back on track. In the coming days I hope my colleagues will join me in supporting this much needed economic recovery package.”

Emily Kryder is press secretary for Rep. Lois Capps, D-Santa Barbara.

 

Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made through PayPal below, or click here for information on recurring credit-card payments.

Thank you for your vital support.

Become a Noozhawk Supporter

First name
Last name
Enter your email
Select your membership level
×

Payment Information

You are purchasing:

Payment Method

Pay by Credit Card:

Mastercard, Visa, American Express, Discover

Pay with Apple Pay or Google Pay:

Noozhawk partners with Stripe to provide secure invoicing and payments processing.

  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.

Daily Noozhawk

Subscribe to Noozhawk's A.M. Report, our free e-Bulletin sent out every day at 4:15 a.m. with Noozhawk's top stories, hand-picked by the editors.

Sign Up Now >