PORTLAND (AP) – Sen. Olympia Snowe is renewing her call for a new federal economic stimulus package following a government report that the nation lost more than half a million jobs last month.
The Labor Department said Friday that employers cut 530,000 jobs in November, the largest one-month drop since 1974. Unemployment now stands at 6.7 percent.
Snowe said she is advocating a broad-reaching economic stimulus and recovery package to give a boost to the national economy.
She said Congress should enact legislation that will create jobs, reduce the rate of home foreclosures and help the unemployed.
AP-ES-12-06-08 0802EST
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.