April 7, 2009 - On the heels of this week’s historic unemployment numbers, the IAM is calling for immediate aid to the nation’s gasping manufacturing sector.
“The latest unemployment numbers are egregious,” said IAM International President Tom Buffenbarger. “More Americans are out of work than at the height of the 1981-1982 recession. Factory employment alone is down more than one million over the past six months. But the pain does not stop there.
“The government’s Bureau of Labor Statistics today reported there are 24.3 million unemployed, involuntary and discouraged workers in America today. That’s nearly 4 million more than in December 1982.
“We clearly need a second stimulus bill, one aimed at reviving our manufacturing sector,” said Buffenbarger. “The Obama administration and Congress needs to begin work on this critical priority right now.”
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