WASHINGTON – Congressman Jason Smith (MO-08) released the following statement after being selected to serve as the Chairman of the House Committee on Ways and Means for the 118th Congress: “It is deeply humbling and an honor to be selected by my colleagues to serve as the next Chairman of the House Ways and Means Committee. With our new House ...
After the November jobs report from the Bureau of Labor Statistics showed an increase to 3.7 percent unemployment and a decline in labor force participation, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: “This report spells more bad news for families and seniors. America’s workforce continues to shrink for the ...
After the October jobs report from the Bureau of Labor Statistics showed an increase to 3.7 percent unemployment and a decline in labor force participation,Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: “The workforce is shrinking, job growth is slowing, and unemployment is rising – these are all signs ...
A new report from the Labor Department’s Inspector General (DOL-OIG) reviewed pandemic unemployment benefits in just four states over a six-month period, finding that 42 percent of funds were improperly paid and estimating nearly 14 percent, or nearly $10 billion, likely went to ...
In Biden’s cruel economy, there is little optimism for a good jobs report this Friday, as more businesses brace for a Biden recession. With Biden-Flation delivering the steepest pay cut in 25 years, job creators are tightening their belts. A ...
Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement on the August jobs report from the Bureau of Labor Statistics: “It’s clear that faced with the Biden recession and crushing inflation, more Americans are now being forced back into the workforce to survive -- but it may be too late for small and mid-sized businesses which ...
Despite record high gas prices and working families’ paychecks falling further ...
Under the Biden Administration's economic mismanagement, jobs growth is slowing. The Congressional Budget Office is projecting monthly average growth of only 63,000 jobs, starting next year. Before the pandemic, monthly average jobs growth was around 190,000. Even at a low rate of 150,000 jobs created per month, it would still take 30 months to reduce job openings back to ...
With wholesale prices for Main Street up 10.8 percent, expectations for better business conditions over the next six months sank among job creators to the lowest in nearly 50 years, according to the
When GOP states opted to end Democrats’ lavish unemployment benefits early, more Americans joined the workforce, according to a new ...