Federal Budget Goes in Right Direction, Needs More for Jobs
The fiscal year 2011 budget released by the White House today “moves the country in the right direction…to get our economy back on track,” says AFL-CIO President Richard Trumka.
He says the proposed funding for infrastructure development, education, job training and green jobs are the right investments to make. But the $100 billion for job creation in fiscal year 2011 is not enough to meet what will be an ongoing need to address the jobs deficit.
While the nation’s mostly Bush-inherited budget deficit is garnering headlines, Trumka says “not enough attention is being paid to our massive ‘jobs deficit.’”
We need to create over 10 million new jobs just to get back to where we were when the recession began. This massive jobs deficit demands bold, urgent action to create new jobs and grow the middle class. And besides, the most effective way to reduce the budget deficit is to eliminate the jobs deficit.
