Labor Secretary says jobs will follow recovery

November 23, 2009 1:55:56 PM PST
A new survey of economists out Monday morning says job losses should bottom out in the first quarter of 2010, but it will take longer before American consumers begin spending and employers begin hiring.

Unemployment remains high nationwide. On Friday, ABC7 reported California has the fourth-highest rate nationwide at 12.5 percent.

On Monday morning, we asked U.S. Labor Secretary Hilda Solis about it. She said that jobs will trail the economic recovery now underway. In the meantime, her department is trying to jumpstart California's economy on several fronts.

"The moneys that we're giving out is $750 million," she said. "$500 million will go into green jobs to create that, to work with community colleges, with small businesses and employers and other partnerships that we can develop. And, $220 million will go into health careers and it."

Secretary Solis also said that passing healthcare reform is critical to ensure the unemployed can receive coverage and people with jobs can keep their benefits.


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