Press Releases | Budget, Taxes, and Public Investment

News from EPI Monetary Policy and the State of the Economy

For Immediate Release: Thursday, July 22, 2010
Contact: Karen Conner or Eve Turow, 202-775-8810

On July 22, 2010, EPI President Lawrence Mishel described the outlook for employment in testimony before the House Committee on Financial Services.

“The nation’s current jobs crisis is severe and there will be continued high unemployment through the end of 2011,” he said. “It is incumbent upon Congress to act on a scale that will produce millions of jobs in order to put unemployment on a steep downward path.”

Click here for full text of today’s testimony.