JOINT ECONOMIC COMMITTEE TO HOLD EMPLOYMENT HEARING ON RELEASE OF NEW FEBRUARY JOBS REPORT
With Unemployment on the Rise, JEC to Address Newly Released Jobs Figures from BLS and Examine the Growing Problem of Long-Term Unemployment
Maloney and Schumer to Explore Benefits of Unemployment Insurance with BLS Commissioner
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 Commissioner Keith Hall on Friday, March 7, 2008 at 9:30 am in the Dirksen Senate Office Building, Room 628. The hearing, entitled “The Employment Situation: February 2008” will address the new jobs report to be released that morning. The new jobs report examines the change in national unemployment rates and non-farm payroll employment figures over the past month. The hearing’s second panel will focus on the long-term unemployed and unemployment insurance benefits. As more Americans struggle economically, with job growth stalling and wages falling, the committee will analyze the latest developments in the labor market, the best barometer of our nation’s economic health.
WHAT: JEC Hearing: “The Employment Situation: February 2008”
WHO: Panel 1: Dr. Keith Hall, Commissioner, Bureau of Labor Statistics
Panel 2: Dr. Rebecca Blank, Professor of Economics at the University of Michigan
Robert V. Kerr Visiting Fellow at The Brookings Institution
Christine Owens, Executive Director, National Employment Law Project
Dr. Lowell Gallaway, Distinguished Economics Professor, Ohio University
WHEN: 9:30 a.m., Friday, March 7, 2008
WHERE: Dirksen Senate Office Building, Room 628
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.