Union of Unemployed Warns of an Endless Recession
March 5, 2010
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Washington, D.C., March 05, 2010 – In the absence of economic policies that generate 450,000 jobs per month for at least 60 months, the U.S. will remain mired in a recession that will linger for years if not decades. To give the economy the traction it needs, Ur Union of Unemployed (UCubed) is calling for the immediate establishment of a public job creation program far larger than anything proposed thus far.
“ America needs 100,000 jobs per month right now just to match the growth in the labor markets and another 350,000 new jobs each month for five years before we can hope to return to full employment levels,” said Rick Sloan, acting executive director of Ur Union of Unemployed. “We need solutions on the scale of the problem we are trying to solve.”
Ur Union of Unemployed is calling for a massive public job creation program similar to Franklin Delano Roosevelt’s Works Progress Administration (WPA), which employed millions of out-of-work Americans in every state during the Great Depression.
Ur Union of Unemployed, or UCubed, is a community service project of the International Association of Machinists and Aerospace Workers (IAM) designed to assist the millions of unemployed and underemployed Americans, and to provide them with a structure that allows them to take advantage of their growing numbers. For more information, visit Ur Union of Unemployed.
