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Congressman Bobby Scott

Representing the 3rd District of Virginia

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.  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 out-of-school 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. 

More on Economy and Jobs

April 5, 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 196,000 jobs in March and the unemployment rate held at 3.8 percent. “Today’s jobs report continues to show that despite steady job growth, wages are barely keeping pace with inflation. It is another reminder that Congress must take bold action to lift millions of workers out of poverty to help build a thriving middle class.
March 27, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) delivered the following remarks during the floor debate for the Paycheck Fairness Act (H.R.7). “Thank you, Madam Chair. In 1963, the Equal Pay Act codified the right to ‘equal pay for equal work regardless of sex.’ In fact, the Equal Pay Act was enacted one-year prior to the Civil Rights Act of 1964 that – for the first time – provided for the enforcement of anti-discrimination laws. Over the past 55 years, the Equal Pay Act– in combination with Title VII of the Civil Rights Act – has produced substantial progress towards addressing inequities for women in the workplace.
March 7, 2019 Press Release
WASHINGTON, DC – Chairman Bobby Scott (VA-03) issued the following statement after the Department of Labor proposed to raise the overtime salary threshold to $35,308 from $23,660. The overtime threshold is the level below which salaried executive, administrative and professional workers must receive overtime pay for each hour worked after 40 hours per week. “The new overtime salary threshold proposed by the Department of Labor falls far short of meeting the needs of workers who are struggling to get ahead. While some people will see benefits under the new threshold, the proposal would exclude millions of workers who would have benefited under the 2016 Obama administration rule, which would have increased the threshold to nearly $50,000.
February 6, 2019 Press Release
WASHINGTON, D.C. – Chairman Bobby Scott (VA-03) issued the following statement after President Trump delivered this State of the Union address before Congress. “President Trump’s State of the Union – like the first two years of his presidency – largely ignored the challenges facing students, workers, and communities across the country. Access to a quality education, a good-paying job, and affordable health care are fundamental issues for all Americans. Rather than offering credible solutions, the president continued to spread misinformation about immigration and advocate for an ineffective and inefficient wall.
January 16, 2019 Press Release
WASHINGTON, DC – Today, Congressman Bobby Scott (VA-03), chairman of the Committee on Education and Labor, joined House and Senate leadership to introduce the Raise the Wage Act of 2019. The bill would gradually raise the minimum wage to $15 in 2024, index future minimum wage increases to median wage growth, and ensure all workers are paid at least the full federal minimum wage by phasing out the subminimum wages for tipped workers, youth workers, and workers with disabilities. The Raise the Wage Act was introduced with 181 House cosponsors.
January 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 312,000 in December and the unemployment rate increased to 3.9 percent. “Despite the gains shown in today’s job report, the reality is many Americans are still struggling. Wages have remained largely stagnant – particularly for low-wage earners – and too many workers are forced to work multiple jobs just to make ends meet. By undermining our health care system, giving a massive tax cut to corporations and wealthy, and forcing an ongoing government shutdown, President Trump and Congressional Republicans have injected uncertainty and volatility into our economy.
December 7, 2018 Press Release
WASHINGTON, DC – Ranking Member Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 155,000 jobs in November. The unemployment rate held steady at 3.7 percent. “Today’s jobs report reveals the economic state of workers and middle-class families remains fragile despite a prolonged period of low unemployment. Wages have remained largely stagnant – particularly for low-wage earners – and too many workers are forced to work multiple jobs just to make ends meet. What’s worse, the Majority’s major legislative accomplishment from the 115th Congress was a massive tax cut that overwhelmingly benefits corporations and the wealthy.
September 7, 2018 Press Release
WASHINGTON, DC – Ranking Member Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 201,000 jobs in August, with the unemployment rate at 3.9 percent. “Today’s jobs report once again shows that the Republican tax bill is nothing but a broken promise to American workers. The White House predicted passing their tax scheme would increase the average family’s annual income by at least $4,000. Nine months later, the typical worker’s wages are not even keeping up with inflation while corporations and their CEOs are raking in historic sums of money.
August 30, 2018 Press Release
NEWPORT NEWS, VA. – Congressman Bobby Scott (VA-03) issued the following statement after President Trump announced that his Administration would cut the cost-of-living adjustment for civilian federal employees and would eliminate locality pay across the board: “President Trump’s announcement today that he is seeking to freeze locality pay and deny federal employees a cost-of-living increase for 2019 is insulting to our federal workforce. It is puzzling that the President would do this at a time when his Administration has insisted that our economy is doing so well and his tax cuts for the wealthy are ‘paying for themselves.’
August 3, 2018 Press Release
WASHINGTON, DC – Ranking Member Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 157,000 in July, with the unemployment rate at 3.9 percent. “Today’s jobs report highlights the failure of the Republican tax bill to improve the lives of hard-working Americans. The report shows that unemployment dropped to 3.9 percent but annual wage growth remained at a paltry 2.7 percent. Instead of benefitting workers or investing in new equipment, the massive tax cuts for corporations and the wealthy have been funneled into a wave of stock buybacks that overwhelmingly benefit the wealthiest one percent. In fact, a recent report found that companies have distributed 57 percent of their tax savings to shareholders and just 7 percent to their workers.