Remote Hearing on "From Rescue to Recovery: Building a Thriving and Inclusive Post-Pandemic Economy"
On Wednesday, March 17, 2021, at 11:00 a.m., Rep. James E. Clyburn, the Chairman of the Select Subcommittee on the Coronavirus Crisis, will hold a hearing with Nobel Laureate Joseph E. Stiglitz and AFL-CIO Chief Economist William E. Spriggs to examine the historic and disproportionate job losses and other economic hardships the pandemic has inflicted on vulnerable populations, including women, low-wage workers, and workers of color.
While February’s jobs report pointed to promising signs of recovery with 379,000 net jobs added, and the American Rescue Plan will provide a needed boost, the overall economy is roughly 10 million jobs short compared to a year ago, and millions more are being harmed by the weak jobs market. Women, low-wage workers, and racial minorities are more likely to have lost a job during the pandemic, and less likely to have been brought back to work.
To recoup these unequal losses, and to build and sustain a more inclusive economy than we had before the pandemic, the Biden Administration must implement the American Rescue Plan effectively, efficiently, and equitably, and Congress must enact further legislation to ensure people in all communities can find work in good-paying jobs.
Former National Economic Council Director (2018-2021)
Dr. William E. Spriggs
Chief Economist, AFL-CIO, Professor, Department of Economics, Howard University
Dr. Joseph E. Stiglitz
University Professor, Columbia University, Nobel Laureate in Economics