Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement after the Department of Labor announced that the economy added 171,000 jobs in October. With 184,000 jobs added by private businesses, this marks the 32nd consecutive month of private sector job growth:
“Today's jobs report is a clear sign that our economy continues to move in the right direction, but we have more work to do to strengthen the middle class. The month President Obama took office, our economy lost 800,000 jobs; now, we have seen 32 straight months of private sector growth. We must keep moving forward.
“Americans cannot afford the Republican plan that takes us back to the failed policies that crippled our economy in the first place – unnecessary tax cuts for the wealthy, unregulated Wall Street, and unpaid-for spending. Yet, for the past two years in the majority, House Republicans – joined by Governor Romney and Congressman Ryan – have offered a repeat of this same agenda, threatening middle class security and our economic growth. Americans deserve better.
“President Obama and Democrats are focused on putting people to work, cutting deficits responsibly, and extending tax relief for millions of middle-income Americans. We are committed to reigniting the American Dream, building ladders of opportunity for anyone willing to work hard, take responsibility, and play by the rules. And we have work to do.”