This hearing will come to order. I would like to welcome dr. Robert redfield, director of the centers for Disease Control and prevention and we thank you for being here this morning. Dr. Redfield, to discuss the cdc and the on going response to covid19. I also want to welcome the subcommittee members, Ranking Member congressman thomas pole and our full Committee Chair. I want to thank you to the subcommittee members here in person as well as subcommittee members who are participating by secure video teleconference. Before i move to my Opening Statement, and because this is our first labor hhs and education appropriation subcommittee hearing with some members participating remotely, i would like to begin by offering a brief explanation of how it will work in order to benefit both members and the public. This hearing room has been configured to maintain the recommended six foot social distancing between members, witnesses, and other individuals in in the room necessary to operate the hea
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Redfield, director of the center for Disease Control and prevention and we thank you for being here this morning. Doctor redfield, to discuss the cdc and ongoing response to covid19. I also want to welcome the subcommittee members, Ranking Member congressman thomas paul andour full Committee Chair. I want to thank you to subcommittee members who are here in person as well as subcommittee members who are participating by secure video teleconference. Before i moved to my Opening Statements and because this is our first labor hhs and Education Appropriations Committee hearing with some members participating remotely, i would like to begin by offering a brief explanation of how it will work and in order to benefit those members and the public. This hearing room has been configured to maintain the recommended sixfoot social distancing between members, witnesses and other individuals in the room necessary to operate the hearing. Which we have kept to a minimum. Some members have opted to use
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high