The Employment Situation: March 2008
April 4, 2008
Washington, D.C. – U.S. Senator Charles E. Schumer and Representative Carolyn Maloney, Chairman and Vice-Chair of the Joint Economic Committee (JEC) respectively, held a hearing on the newly released Bureau of Labor Statistics’ (BLS) monthly employment figures with Commissioner Keith Hall on Friday, April 4, 2008 at 9:30 am in the Dirksen Senate Office Building, Room 106. Representative Baron Hill (D-IN) presided over the hearing, entitled “The Employment Situation in March 2008.” In the wake of continued declines in home prices and intensifying credit crisis spreading from Wall Street to Main Street, Dr. Hall assessed recent developments within the labor market.