COMMITTEE on WAYS and MEANS

Chairman Dave Camp

The Jobs Search

  • New Surveys Confirm the President’s Tax Hikes Will Hurt Main Street Job Creators and Workers

    December 12, 2012 - As the President continues to call for well over $1 trillion in new taxes, including higher tax rates for small businesses, Main Street job creators have been speaking out about what those new taxes will mean for them and the men and women they work with each day. The news is not good. Three newly ... More

  • With the Jobs Situation This Bad, Is Now Really the Time to Raise Taxes?

    December 11, 2012 - Last week, a New York Times editorial noted that, despite November’s job gains, the employment situation in the U.S. is still bleak: “Over all, the job market is still very weak, with an estimated 3.9 million people having either dropped out of or never entered the work force after leaving school, ... More

  • Putting November’s Jobs and Unemployment Numbers in Perspective

    December 7, 2012 - Today’s report from the Department of Labor shows that a net total of 146,000 jobs were created and the unemployment rate fell to 7.7 percent in November. While any job creation is welcomed, it is important to put them in perspective. Jobs Due to the size of the American workforce, gaining 146,000 ... More

  • Congressional Democrats Say Loss of Hundreds of Thousands of Jobs is Only a “Miniscule Effect” of Tax Hikes

    November 9, 2012 - On November 8, Congressional Democrats suggested that allowing taxes to rise on small businesses would “have only a miniscule effect on economic growth.” However, according to a new Congressional Budget Office (CBO) report, their call for tax hikes would destroy 200,000 jobs. While that level of jo... More

  • 10 Key Facts on Jobs and Unemployment

    November 2, 2012 - 1. Almost 4 Million Fewer Jobs than Projected: In January 2009, the Obama Administration forecast there would be 137.6 million jobs in December 2010. Instead there were 130.3 million jobs in December 2010. Even 22 months later in October 2012, there are just 133.8 million jobs – 3.8 million fewer th... More

  • Before and After: Jobs Down, Poverty and Government Dependence Up During the Obama Administration

    October 11, 2012 - Before Obama* After Obama** Change Jobs (Payroll Employment) 136.8 million 133.5 million (9/2012) - 3.3 million Not in Labor Force 79.5 million 88.7 million (9/2012) + 9.2 million People in Poverty 39.8 million 46.2 million (CY 2011) + 6.4 million Welfare Recipients (TANF) 4.0 million 4.5 million (... More

  • Obama’s Lost Decades – At the Current Pace, “Jobs Gap Will Not Close Until After 2025”

    October 10, 2012 - Last week’s jobs report showed that the Obama Administration’s failed economic policies resulted in the addition of just 114,000 net new jobs in the month of September. As the Brookings Institution chart below shows, at this pace, it will take well past 2025 until all the jobs lost during the last ... More

  • 10 Key Facts on Jobs and Unemployment

    October 5, 2012 - 1. 4.1 Million Fewer Jobs than Projected: In January 2009 the Obama Administration forecast there would be 137.6 million jobs in December 2010. Instead there were 130.3 million jobs in December 2010. Even 21 months later in September 2012, there are just 133.5 million jobs – 4.1 million fewer than t... More

  • This Is a Recovery? Since August 2009 Average Drop in Labor Force Is 21,000 People a Month

    October 4, 2012 - If it wasn't bad enough that the Obama Administration has been unable to create a climate conducive to job creation, as the table below shows, their failed policies have resulted in massive numbers of Americans giving up their job search entirely and leaving the labor force. Since the “recovery” beg... More

  • Worst Recovery since Great Depression Continues

    September 28, 2012 - President Obama's economic adviser, Alan Krueger, noted on September 27, 2012 that "total employment likely grew by 386,000 more jobs than previously announced during the 12 months from March 2011 to March 2012." The changes were the result of a "preliminary estimate of the upcoming annual benchmark... More