Tuesday Open Line

Obama’s Weekly Address: Time to Act on the Transportation Bill. President Obama calls on Congress to pass a clean extension of the transportation bill to keep America moving and avoid costing nearly one million workers their jobs.

Labor Day is a celebration of workers contributions to society.  However, these days there aren’t many workers celebrating.  In his Labor Day speech at an AFL-CIO event in Detroit, President Barack Obama said congressional Republicans must put their country ahead of their party and vote to create new jobs as he used a boisterous rally to aim a partisan barb at the opposition.  Obama’s remarks came as he has been under heavy criticism from the Republicans for presiding over a persistently weak economy and high unemployment. Last Friday’s dismal jobs report showed that employers added no jobs in August, the first time since 1945 that the government reported a net job change of zero. The unemployment rate, meanwhile, held steady at 9.1 percent.  The speech is below:

When the recession began in December 2007, North Carolina had 4,171,800 jobs.  Since then, the state has experienced 30 months of job loss, and as of July 2011, North Carolina had 303,700 fewer jobs.3 But perhaps most staggering is that employment inNorth Carolina’s jobs deficit, or the difference between the number of jobs the state has and the number it needs to regain its pre-recession employment rate, was 502,500 as of July 2011. That number includes the 303,700 jobs North Carolina lost plus the 198,800 jobs needed to keep up with the 4.8 percent growth in population the state experienced in the 43 months since the recession began.  A detailed report regarding North Carolina’s employment status was released just a few days ago, that you can read in full at the link.

Welcome to Tuesday’s Open Lines!