As noted below, the invisible unemployed reflect adults who dropped out of the labor force and adults expected to join the labor force but who did not in the wake of Democrats' trillion-dollar 2009 stimulus plan. If these individuals were in the official labor force, they would be counted as officially unemployed and raise the current 8.1 percent unemployment rate to 11…
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A hearing of the House Ways and Means Subcommittee on Human Resources this week exposed serious threats to the implementation of critical unemployment insurance (UI) reforms contained in The Middle Class Tax Relief and Job Creation Act of 2012 (Public Law 112-96), which the President signed into law on February 22, 2012.
Several Republican Members as well as representatives from…
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Congressman Geoff Davis (R-KY), Chairman of the Subcommittee on Human Resources of the Committee on Ways and Means, today announced that the Subcommittee will hold a hearing reviewing the implementation of the reforms to the unemployment insurance system contained in Public Law 112-96, The Middle Class Tax Relief and Job Creation Act of 2012. The hearing will take place on Wednesday,…
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As we all know, we have been paying record Unemployment Insurance benefits for years now. Despite characterizations by some on the other side that this is the best stimulus money can buy, we know that the U.S. labor market remains in near-critical condition today:
There are 5 million fewer jobs today than the Administration predicted there would be at the end of 2010;
…
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1 million stay-at-home moms who would rather have been working in 2009-2011
Source: U.S. Census Bureau. Current Population Survey Data on Families and Living Arrangements
1.6 million stay-at-home dads who would rather have been working in 2009-2011
Source: U.S. Census Bureau. Current Population Survey Data on Families and Living…
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Congressman Geoff Davis (R-KY), Chairman of the Subcommittee on Human Resources of the Committee on Ways and Means, today announced that the Subcommittee will hold a hearing on the use of technology to better target benefits and eliminate waste, fraud, and abuse. The hearing will take place on Thursday, April 19, 2012, in 1100 Longworth…
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Welcome to the most recent installment in this subcommittee’s ongoing efforts to promote the standardization of program data within and across public benefit programs. One of the key purposes for today’s hearing will be to review the progress that has already been made with relevant agencies and outside experts, as well as consider next steps.
It was just thirteen months ago that this…
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Good morning. Today, we will separately consider three measures to meet our reconciliation instructions in the House-passed budget, which asks committees such as this to find a smarter way to reduce our debt and deficits, which are costing us jobs.
The gentleman from California, Mr. Becerra, will remember that during the Bowles-Simpson commission, we heard non-partisan…
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Washington, DC- Today, Ways and Means Chairman Dave Camp (R-MI) made the following statement after the Committee approved Budget Reconciliation Legislative Recommendations of the Ways and Means Committee:
“It has long been acknowledged, including by the President’s own Deficit Commission, that our debt levels are crippling economic growth and preventing job creation. …
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