Representative Duffy (R-WI), during JEC hearing on February 7, 2012.
Rep. Duffy, agrees that there is a need to help people who have fallen on hard times, but there needs to be a way to weed out the "bad apples" those who are abusing the system and soaking up the benefits when they shouldn't be.
Rep. Mulvaney's second round of quesitons during JEC hearing on February 7, 2012.
Rep. Mulvaney, talks about how unemployment rate is dropping because the work force is shrinking. In the recent employment report the unemployment rate dropped to 8.3% but there are some troubling underlying facts that are going unnoticed .
Opening Statement Vice Chairman Kevin Brady
There is a strong bipartisan consensus in Congress to extend both of these expiring provisions through the end of this year. However, serious differences remain over how we should pay for these expensive extensions and whether we should reform the Unemployment Insurance program. As popular as the p...
Rep. Brady provides his opening statement at the JEC hearing on the January Employment report
Vice Chairman of the Joint Economic Committee, Kevin Brady, presents his opening statment to the Committee and witnesses on the Bureau of Labor Statistics' January Employment Situation Report. Although the new payroll jobs have increased this encouraging data only masks the fact that labor force par...
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...
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.
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...