Press Releases

Statement of Financial Services Committee Chairman Barney Frank on the March Job Report

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Washington, DC, April 1, 2010 | comments

House Financial Services Committee Chairman Barney Frank (D-MA) today made the following statement about the March employment figures released today:

“The largest growth in private employment in three years is welcome evidence that our recovery from the deep Bush recession which President Obama inherited has finally begun to provide some benefits to American workers and families.  This heightens the sharp contrast in the performance of the economy, including the area of employment, between the period when the Bush economic policies were controlling and the months since the Democratic recovery plan has been implemented.  But this beginning of good news does not mean that we should cut back on our job creation efforts.  More needs to be done by the Federal Government to help job creation--especially for the more than six million Americans who have been unemployed for more than six months, and these early signs of success are arguments in favor of further action.”

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