PRESS RELEASE: STATEMENT: CONTINUED DIP IN JOBLESS CLAIMS SHOW ECONOMY ON THE MEND BUT THE MILLIONS UNEMPLOYED NEED AMERICAN JOBS & FAMILIES PLANS NOW 

FOR IMMEDIATE RELEASE 
May 13, 2021

Contact: 
Maddy McDaniel, Communications Director

[email protected] or 914-471-7716

STATEMENT: CONTINUED DIP IN JOBLESS CLAIMS SHOW ECONOMY ON THE MEND BUT THE MILLIONS UNEMPLOYED NEED AMERICAN JOBS & FAMILIES PLANS NOW 

The American Rescue Plan Will Help Boost 2021 Economic Growth to 6.5%, According to the Federal Reserve — But Economy is Still Down 8.2 Million Jobs

73% of Voters, Including 67% of Independents and 57% of Republicans, Support the Proposed $2.25 Trillion American Jobs Plan

61% of VotersIncluding 64% of Independents, Support the American Families Plan By A +29 Point Margin

WASHINGTON, D.C. — Another 473,000 Americans filed for unemployment benefits last week, according to the latest data from the Bureau of Labor Statistics. This is a welcome dip, but millions of Americans — especially women, Hispanic, Black, and low-income workers — are relying on the job-creating investments in the American Jobs and Families Plans to expand access to resources like child care, which would allow them to return to work.

Invest In America’s spokesperson Maddy McDaniel issued the following statement:

“The latest dip in jobless claims is proof that President Biden’s economic agenda of investing heavily in the American people works. The American Rescue Plan’s direct checks, funding for Covid vaccines and testing, and state and local aid to keep essential workers on the job prevented catastrophe, but we must build on that success by ensuring the millions of unemployed Americans — primarily women and women of color — also feel the benefits of this economic recovery.

“In addition to repairing our crumbling infrastructure and investing in American manufacturing and jobs, it’s far past time to build a robust care infrastructure that will allow more parents to return to work. We need President Biden’s American Jobs and Families Plans, which will create a more equitable, more productive economy and save us money in the long run.” 

Economists are available to discuss the implications of this week’s jobless claims — reach out to [email protected] to get in touch.

About Invest in America

Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.

The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

Learn more at InvestInAmericaNow.com and @InvestNowUSA, and InvestinAmericaProject.com.

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