[Congressional Record Volume 150, Number 94 (Friday, July 9, 2004)]
[House]
[Pages H5466-H5467]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ECONOMIC POLICIES OF CURRENT ADMINISTRATION WORKING
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from New Jersey (Mr. Saxton) is recognized for 5 minutes.
Mr. SAXTON. Mr. Speaker, each month the Joint Economic Committee has
the opportunity to receive job growth data from the Labor Department's
Bureau of Labor Statistics. This month, the JEC was pleased to receive
good news; fortunately, good news of two kinds: First, many good paying
jobs are being created in large numbers in the U.S. economy; and,
second, job growth continues at a rapid rate.
The June payroll employment increases pushed the total employment
gains since August to 1.5 million jobs. According to the new data
released a week ago by the Bureau of Labor Statistics, job growth
continues today as the payroll employment increased by 112,000 jobs in
June.
During the past few days, however, some have contended that most of
the recent employment gains are in low wage jobs. Quite the contrary is
true. Occupations that are relatively well paid accounted for over 70
percent of the net increases in employment between June of 2003 and
June of 2004.
Although this does not mean that all of the jobs that were created in
these categories were high-paying, most of them were. The jobs in these
occupational categories are generally highly paid. It does indicate
that most of the recent employment gains have not
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been disproportionately in low-wage occupations, as some in this House
have claimed.
Specifically, according to the statistics from the Bureau of Labor
Statistics Household Survey, between June 2003 and June 2004, 71.4
percent of the net increase in employment was in three relatively well-
paid occupational categories: Management, professional and related
occupations, that category comprised 23.1 percent of the job gains;
construction and extraction occupations, that is, mining occupations,
accounted for 36.1 percent; and installation, maintenance and repair
occupations accounted for 12.2 percent.
The earnings in these occupational categories are higher than the
median and much higher than the earnings of the typical low-income
worker. Most of the workers in well-paid occupations have earnings in
the middle range or higher.
These employment figures indicate that most of the new jobs are not
at low wage levels, but at higher levels of earnings. We have been
hearing assertions about ``hamburger flippers,'' jobs dominating
employment for about 20 years now. Those stories have not come true. It
just is not happening. We are not about to become a Nation of hamburger
flippers.
The data shows that most of the recent employment gains have been in
relatively well paid occupations. This is good news for the American
worker and is good news for the American family. It means that the low-
paying job problem that accompanied the economic downturn which began
in the last half of 2000, during the Clinton administration, has been
rectified.
It further means that the economic policies of the current
administration are working to bring pocketbook issues into a positive
state.
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