Record Share of Adult Children Are Living with their Parents. There are more adult children living with their parents than at any other time since this data was first collected in 1960.
Source: Department of Commerce, Census Bureau, Current Population Survey Data on Families and Living Arrangements, Table…
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Political Rhetoric
"By almost every measure, the American economy, the American workers are better off than when I took office," [President Obama] added. "We're better off by almost every measure." (Source: New York Daily News, 9/1/2014)
Economic Reality
• “The labor force participation rate is well below what CBO estimates would be achieved if the demand for…
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The Unemployment Rate for Young People Is 13.6 Percent. Individuals aged 16-24 have an unemployment rate that is more than twice the total unemployment rate.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
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As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the…
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Congressman Dave Reichert (R-WA), Chairman of the Subcommittee on Human Resources of the Committee on Ways and Means, today announced that the Subcommittee will hold a hearing on Social Impact Bonds and whether they can help government achieve better results for families in need. The hearing will take place at 2:00 pm on Tuesday, September 9, 2014, in room 1100 of the Longworth House…
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Washington, DC – Today, on the eve of Labor Day weekend, the House Ways and Means Committee released a report on the federal Emergency Unemployment Compensation (EUC) program, which expired in December 2013, and its impact on job growth. The report finds that job growth weakened while EUC paid out record levels of benefits, but has strengthened since EUC expired. This year…
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Economic Conditions of Today’s Youth Brand Them a “Lost Generation.” Years after the recession officially ended, many young high school graduates are not engaged in work or school, which will result in significantly lower lifetime earnings.
Sources: Economic Policy Institute, "The Class of 2013: Young Graduates Still Face…
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Democrats’ $1 Trillion Stimulus Didn’t Create Construction Jobs Like They Promised. In January 2009, the Administration promised their stimulus would create over 800,000 construction jobs by December 2010. Instead, under this Administration, over 500,000 construction jobs have been lost.
Sources: January 2009…
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Democrats’ $1 Trillion Stimulus Didn’t Create Manufacturing Jobs Like They Promised. In January 2009, the Administration promised their stimulus would create over 400,000 manufacturing jobs by December 2010. Instead, under this Administration, that many manufacturing jobs have been lost.
Sources: January 2009 Romer/Bernstein…
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Washington, DC – Today, Representative Dave Camp (R-MI) made the following statement on the release of the “Better Off Working: Disability Reform Work Group Strategic Plan” by the Michigan Department of Human Services, Michigan Rehabilitation Services, Disability Determination Service, and the Disability Network and Michigan Employers:
"I applaud the Michigan Department of Human…
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Most Job Growth during the “Recovery” in Lower-Wage Occupations. The mid- and high-wage jobs lost during the recession were replaced by lower-wage jobs.
Source: National Employment Law Project, The Low-Wage Recovery and Growing Inequality.
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As introduced on June 17, 2014, Ways and Means Chairman Camp is…
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