U. S. Trade representative Robert Lighthizer is making his second appearance on capitol hill today. This morning, he was before a House Committee and was answering questions from the Senate Finance committee on President Trumps trade policy. Ourselves in future crisis, but we have to find a Smart Solution that accepts the realities that trade is fundamental to our survival and prosperity. In the long term, trade is a key part of the solution because it promotes freedom. It provides customers for our best in the class Agricultural Products. It promotes entrepreneurship and independence. And particularly trade empowers Small Businesses that are the backbone of our communities. In fact, 97 of the u. S. Exporters are Small Businesses. A good start to empowering people and fixing our economy is making sure as many people as possible have the option of being their own boss. We owe it to them and their communities to press for even more opportunities. This is especially true because our tradi
I want to thank everyone for their adherence to the guidelines as we continue to do our work while protecting the health and safety of our staff, families and communities. Thank you for joining us today. In pursuant to notice, todays hearing is taking place in our ways and Means Committee hearing room, with members permitted to attend remotely in compliance with the regulations for Remote Committee proceedings, pursuant to House Resolution 965. We currently have 33 members logged in and participating via the webex platform. For those members who arent here in washington and plan to participate in person, we have a limited number of available seats to ensure that we adhere to social distancing guidelines. I encourage members to watch from their office and only come to the hearing room when it is your turn for questioning. Before we turn to todays topic, i want to remind members of a few procedures as we navigate this hybrid hearing setting. First, consistent with regulations, the commit
Finding the good news in that nearly 46000000 unemployed and a new trade war may be brewing not with china here. Lets tell you what a possible to. Have a talk show today so lets go and dive right in. For us in employment numbers are in and the latest figures from the Labor Department reported 1500000 more americans filed for unemployment last week this is up from the expected 1300000 well this also marked the 11th straight weekly decline in applications but also the 13 consecutive weeks or week where jobless claims remain above 1000000 well this is a total of more than 45000000 americans have filed for unemployment as a chronic virus continues to slow the u. S. Economy and with many states reopening and some old jobs are turning the total number of people receiving unemployment actually slightly fell well to talk more about the mark. Its we turn to our panel to mash up the adam last Training Group cohost Christi I Adam lets start with you unemployment data came from came back and its w
Consecutive weeks or week where jobless claims remain above 1000000 well this is a total of more than 45000000 americans have filed for unemployment as a chronic virus continues to slow the u. S. Economy and with many states reopening and some old jobs are turning the total number of people receiving unemployment actually slightly fell well to talk more about the markets we turn to our panel of the outlash Training Group cohost chrystia i adam lets start with you unemployment data came from came back and its worse than expected but Something Else was also quite unexpected there were were getting it were seeing people getting Unemployment Benefits rather that are than there are actual on employed workers how did this happen. So when the. Route was put into more really. Which contributes to that but also what. People are only considered unemployed if they look for jobs in the last 4 weeks they discount a lot of people who have given up on looking for jobs and with people kind of discarde
Above 1000000 well this is a total of more than 45000000 americans have filed for unemployment as a chronic virus continues to slow the u. S. Economy and with many states reopening and some old jobs returning the total number of people receiving unemployment actually slightly fell well to talk more about the markets we turn to our panel of the out of Training Group cohost chrystia i am lets start with you unemployment data came from came back and its worse than expected but Something Else was also quite unexpected there were getting it our actual on employed workers how did this happen. So when the. Group was put into the drafting more really. The rules are. Limit which contributes to that but also people are only considered unemployed if they look for jobs in the last 4 weeks they discount a lot of people who have given up on building for jobs and with people. Kind of discarded kind of job market or maybe afraid still get in corona virus theres less people than looking for work plus t