Press Releases

Joint Economic Committee Holds Hearing on May Jobs Report

May 29 2008



Second Hearing Panel to Focus on Impact of Downturn on Women
JEC to Address Newly Released Jobs Figures from BLS as Losses Spread Beyond Housing Related Sectors

Maloney to Examine How Broadening Downturn Puts Women’s Jobs at Risk and Points to Need for State Fiscal Relief and Work-Life Balance Policies  

Washington, D.C. – U.S. Senator Charles E. Schumer and Representative Carolyn Maloney, Chairman and Vice-Chair of the Joint Economic Committee (JEC) respectively, will hold a hearing on the newly released Bureau of Labor Statistics’ (BLS) monthly employment figures with Deputy Commissioner Philip L. Rones on Friday, June 6, 2008 at 9:30 am in the Dirksen Senate Office Building, Room 562.  The hearing, entitled “The Employment Situation: May 2008” will address the new jobs report to be released that morning.  The first panel will examine the change in national unemployment rates and non-farm payroll employment figures over the past month.  The hearing’s second panel will focus on how industries dominated by women are likely to be impacted as the downturn evolves and the economic stress that this will put on families, especially if budget shortfalls lead to service cutbacks and job losses in state and local government. As families struggle economically with less while trying to work more, policies that alleviate the squeeze that they face trying to balance work and family will become more important to implement.
WHAT: JEC Hearing: “The Employment Situation: May 2008”

WHO:   Panel 1: Mr. Philip L. Rones, Deputy Commissioner, Bureau of Labor statistics                                         
           Panel 2:      Dr. Heidi Hartmann, President, Institute for Women’s Policy Research
                            Dr. Eileen Appelbaum, Director, Center for Women and Work, Rutgers University
                                      Additional witnesses may be announced.
           WHEN:       9:30 a.m., Friday, June 6, 2008
           WHERE:      Dirksen Senate Office Building, Room 562

The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
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