Monticello, NY — — The number of people who want a job, but are unemployed has risen sharply across the U.S., with the number of unemployed in Iowa, Colorado and Nevada all increasing, according to a new report released Thursday.
The National Railroad Passenger Corporation’s quarterly jobless rate is up by more than 15% over the past year.
That’s up from 8.5% in the fourth quarter of 2015, when the jobless rates were lower.
The average increase was nearly 14%.
“People are really looking for a new opportunity, and they are going to find one,” said Rob Bortel, president and CEO of the UAW.
The report also found that while the overall unemployment rate is down from 5.8% in December, the number unemployed in the U to the number who are looking for work has increased by more that 14% over this period.
The number looking for jobs is also up across the board.
The UAW, which represents about 5 million railroad workers in the country, estimates that more than 4 million people have been laid off in the past two years.
The organization also says that in the second quarter of 2017, more than 3 million railroad employees lost their jobs, with many of them being laid off as part of the railroad’s planned upgrade of the railroads aging fleet.
“It’s a crisis, and it’s been for some time,” said Bortelsaid.
“We’re seeing the ripple effects on the economy and the economy in general, and we’ve been looking at it as a crisis and we have to address it now.”
The union estimates that there are now 6.8 million people working in the private sector.
The UAW says the job market has been improving in recent months and that the unemployment rate for those without a job is now 5.5%.
Bortellsaid that while most people think the US. economy is on the upswing, they are not.
“The U. S. economy hasn’t been doing well for a long time,” he said.
“There are a lot of reasons, but one of the big ones is that the economy has been shrinking.”
Bortelsays there are many reasons for the downturn.
He points to a spike in oil prices, the global economic downturn, a slowdown in construction and the federal government shutdown, among others.
“When you have the economy shrinking, when you have an oil price spike, when there is a slowdown of construction, when that budget deal gets hammered, it has a very bad impact on the rest of the economy,” he explained.
The shutdowns that affected the U-Maine and Nebraska projects, as well as the closure of some U.s. pipelines, hurt the economy, he said, but it wasn’t enough to hurt the unemployment rates.
“We have to get to work fixing this, fixing the economy right now,” Bort said.
Bortel said the UFW is calling on all sectors of the industry to take action.
“There is an economic crisis, but we are getting to the root of it and the root cause of it is the Federal Reserve,” he told ABC News.
“The Fed is keeping interest rates low because it’s concerned about inflation.
We need to have a very clear economic message from the Fed that says: ‘This is not normal and we need to fix this.
This is not healthy for our economy.
We’re going to fix it.'”