Mr. WILSON of South Carolina. Mr. Speaker, an alarming admission has shown itself in the June unemployment report. For the 49th time in 50 months, there are more people dropping out of the job search than those who have found a new job. More people are giving up than succeeding. This reveals the real unemployment rate as 11.2 percent, not the claimed 6.1 percent.
Hardworking Americans are suffering by losing jobs at the hand of a failed jobs policy--at the hand of President Obama and his pen. A sad revelation of the President's failure is that now 14 million more Americans have depended on food stamps under his failed policies since he was elected. The definition of ``success'' is having a job and not being forced to depend on food stamps.
House Republicans will continue working to create jobs by passing legislation that puts Americans back to work in good-paying opportunities. Over 40 jobs bills have passed the House, but are now stuck in the Senate.
When more Americans give up jobs than succeed, it is a problem. When it happens that many times in a row, it is a tragic failure.
In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.