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The Employment Situation in January 2008
Friday, February 1, 2008

U.S. Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC), held a hearing on the newly released Bureau of Labor Statistics’ (BLS) monthly employment figures with BLS Commissioner Keith Hall.  The hearing, entitled “The Employment Situation in January 2008” addressed the new jobs report and previously weak jobs reports in light of a potential recession.  The hearing also addressed chronically-low job creation during the current administration and examined revisions to payroll figures for the past several years made that morning.  With a recession looming and the unemployment rolls growing, Dr. Hall provided insight on labor market trends and conditions in a deteriorating economy.

Opening Statements: Chairman Schumer's Opening Statement
  Representative Cummings' Opening Statement
Witness Dr. Keith Hall, Commissioner, Bureau of Labor Statistics
Location:   106 Dirksen Senate Office Building
Time:      9:30 a.m
Press Advisory:

Joint Economic Committee to Hold First 2008 Congressional Hearing on New Jobs Report on Day of its Release

Watch the Hearing