Economy and Jobs

We all know that the current economic climate has taken a toll on many families across the nation and that the economy has been slow to recover from the deep recession. Congressman Scott believes the best long-term way we can create jobs and get people back to work is investing in education and training, beginning with early education and continuing through college or vocational education, as well as adult education and training.  A well-educated workforce is more important today than ever before. With the rapid development of this global marketplace, the United States is no longer the single dominant country in the world and American's competitive advantage is a well educated workforce.

Large and targeted investments in workforce development are long overdue and it is time that they are addressed in Washington. Congress recently seized upon the opportunity to do this through reuathoization of the Workforce Investment Act (WIA), which expired in 2003. WIA is the main federal legislation that coordinates federal workforce development programs. Congressman Scott supported the reauthorization of WIA through the Workforce Innovation and Opportunity Act, which included an enhanced definition of “individuals with barriers to employment” that explicitly includes older workers over the age of 55 as well the long-term unemployed.  This explicit inclusion means that state and local workforce plans must include goals and strategies for serving these and other disenfranchised groups.  Additionally, the new law requires that 75% of youth funding in the bill support out-of-school youth, sometimes referred to as "opportunity youth" for the opportunites they represent for their communities.  When kids drop out of school they are much more likely to get into trouble and commit crimes.  And once a juvenile falls off of the right track, he or she will face a range of problems and taxpayers will be on the hook for the cost of incarcerating these individuals.   By investing in opportunity youth, Congressman Scott believes that we are investing money on the front end so we don't end up footing the bill later on.  

Many believe that during these tough fiscal times we cannot afford to invest in job creation. But Congressman Scott believes that the choice is clear - we must invest in education and job training so that we have a strong workforce and strong nation for future generations. We can choose to put funding towards direct job creation programs, such as transportation and infrastructure projects. This will help accelerate our recovery, putting millions back to work, and gradually return our budget to balance over the next decade, all without jeopardizing Social Security or Medicare or other important social safety net programs. As Chairman of the Committee on Education and Labor, Congressman Scott is the lead sponsor in the House of Representatives of the Raise the Wage Act, which would gradually raise the minimum wage to $15 by 2024. This bill would be good for workers, business and the economy. 

More on Economy and Jobs

January 10, 2020 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 145,000 jobs in December with the unemployment rate at 3.5 percent. “Today’s jobs report shows that despite 111 straight months of private sector job growth, many workers are still not seeing the benefits of the growing economy.
December 19, 2019 Press Release
WASHINGTON, DC – Congressman Bobby Scott (VA-03), the Chairman of the Committee on Education and Labor, issued the following statement after the House of Representatives passed H.R. 5430, the United States-Mexico-Canada Agreement (USMCA) Implementation Act: “After months of tough negotiations between Speaker Pelosi and U.S. Trade Representative Lighthizer, I was pleased to see them reach an agreement in the current form of the USMCA. Last year, the Trump administration announced a version of USMCA that was deeply flawed.
December 17, 2019 Press Release
WASHINGTON, DC – Congressman Bobby Scott (VA-03) issued the following statement after the House of Representatives passed House Amendment to the Senate Amendment to H.R. 1158 – Consolidated Appropriations Act, 2020 and House Amendment to the Senate Amendment to H.R. 1865 – Further Consolidated Appropriations Act, 2020: “These spending bills mark a bipartisan compromise and will help us avoid a harmful government shutdown. The funding approved in this legislation will meaningfully improve the lives of students, workers, and families across Virginia as well as the nation.”
December 6, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 266,000 jobs in November with the unemployment rate at 3.5 percent. “Today’s jobs report illustrates the central challenge facing our economy. Even as the unemployment rate hits a 50-year low, wage growth for American workers remains modest. It is notable that after a decade of consistent economic expansion, working families across the country are still struggling to cover their basic essentials.
November 1, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 128,000 jobs in October with the unemployment rate at 3.6 percent. “Today’s report– combined with other recent economic data – raises more questions about the impact of the Trump administration’s policies on the American economy. Despite 108 consecutive months of private-sector job growth (75 of which were under the Obama administration) wages for American workers are still failing to keep pace with the cost of living.
October 7, 2019 Press Release
WASHINGTON, DC – Today, Education and Labor Committee Chairman Robert C. “Bobby” Scott (VA-03) and Subcommittee on Workforce Protections Chair Alma Adams (NC-12) sent a letter to Department of Labor Secretary Eugene Scalia urging the Occupational Safety and Health Administration (OSHA) to strengthen monitoring and protections for engineered stone fabrication workers at high risk of silicosis and other silica-related diseases.
October 4, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 136,000 jobs in September and the unemployment fell to 3.5 percent. “Today’s jobs report raises serious concerns about the consequences of a prolonged trade war for American workers. Even before the president provoked a needless trade war with China, working-class and middle-class workers were struggling to cover the rising costs of housing, child care, and college. Estimates now indicate that President Trump’s trade war has already cost 300,000 American jobs—and job losses are projected to reach 450,000 by the end of the year if it is not resolved.
September 6, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 130,000 jobs in August and the unemployment rate held at 3.7 percent. “Despite a consistently low unemployment rate, today’s jobs report adds to extensive evidence showing that millions of Americans are suffering from inadequate wage growth in an economy that is simply not working for everyone. Moreover, President Trump’s needless trade war with China has actually hurt the American manufacturing sector and done nothing to raise workers’ wages.
August 2, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 164,000 jobs in July and the unemployment rate held at 3.7 percent. “After 106 straight months of private sector job growth, workers and middle-class families are still not receiving a fair share of economic growth. Today’s jobs report adds to an extensive body of evidence showing that the low unemployment rate is not resulting in sufficient wage growth for millions of Americans.
July 30, 2019 Press Release
NEWPORT NEWS, VA – Representatives Bobby Scott (VA-03) and Donald McEachin (VA-04) will host a town hall meeting in Chesapeake, Virginia. This town hall will be an opportunity for constituents to learn more about the Representatives’ efforts to protect access to affordable health care, as well as hear more about the critical legislation House Democrats have passed in the first 200 days of the new Congress. This will be an opportunity for residents of the 3rd and 4th congressional districts to provide comments and ask questions.