Dr. Burgess first round of questions during JEC employment hearing in February
Dr. Burgess (R-TX) questions why the recovery has been so painfully slow, and much more prolonged compared to other recessions. He also brings to attention the correlation between the increasing minimum wage and unemployment rate, and if the number of growth in the job market continued to increase h...
Rep. Campbell (R-CA) speaks during JEC Employment Hearing 2.3.12
Mr. Campbell, asks about how the unemployment rate dropped down but the unemployment rate by widest measure did not change in January. The broadest number of unemployed / underemployed is currently at 15.1% far above the normally viewed unemployment rate which dropped to 8.3% in January.
Rep. Kevin Brady during Joint Economic Committee February Employment Hearing
Vice Chairman Kevin Brady (R-TX), questions Mr. Galvin of the BLS on the employment situation report for January, about if it is good news that payroll jobs have increase even though the labor force is decreasing. He also points out that hiring across the employment sector is not strong enough to su...
Dr. Burgess presents his opening statement during the JEC Employment Hearing on Feb. 3, 2012
Rep. Burgess (R-TX), argues that the private sector is what drives the United States economy. The government needs to get out of the way, reduce regulations and litigations on the private sector to allow further economic growth and expansion. Uncertainty in the future, is inhibiting private sector g...
Rep. Mulvaney during the JEC's January Employment Report Hearing
Rep. Mulvaney asks about what week people typically come off of unemployment to come back into the workforce.
Rep. Mulvaney speaks during the Joint Economic Committee's January Employment Hearing
Rep. Mulvaney (R-SC), discusses the issues behind the decreasing labor force participation, as well as increasing numbers of part time workers for economic reasons, discouraged workers and marginally attached people. What levels of change in these categories should we expect to see in order to see u...
Rep. Burgess' second round of questioning during JEC employment hearing
Rep. Burgess asks what happens when unemployment beneifts and insurance expire, what normally happens to the unemployment rate, during the Joint Economic Committee's Employment hearing for January's employment report.
Rep. Mulvaney's second round of questions during JEC January's Employment Report Hearing
Rep. Mulvaney's asks what percentage of governmet jobs were lost compared to the government workforce in 2011, however we are still 5.6 million jobs short in the entire economy since the beginnig of the recession, which is about 4% of the entire labor force.
Opening Statement of Vice Chairman Kevin Brady
The labor market is not recovering fast enough considering how depressed it has been. Thirty-one months into the Reagan recovery, we had added 8.7 million new payroll jobs. Today, however, the economy, at best, is at a crawl. We still are 6 million jobs short of the prerecession employment level;...
Rep. Kevin Brady (R-TX) Speaks on Bloomberg Live Feb. 2, 2012
Vice Chairman of the Joint Economic Committee, Kevin Brady, talks on Bloomberg about his introduction of legistlation to limit the Federal Reserve to a single mandate, of price stability. He also discusses the problems involved in becoming more fiscally responsible without hurting the struggling eco...
