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WITNESSES AND STATEMENTS
Shiskin Hon Julius Commissioner Bureau of Labor Statistics Depart
THURSDAY FEBRUARY 19 1976
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administration American areas Arthur Burns average banks billion block grant BROWN of Michigan budget BURNS capital Chairman HUMPHREY Coleman Young committee Congress Congressman consumer continue countercyclical current-account decline deficit Detroit developing countries dollars expansion exports Federal Government Federal Reserve financing fiscal year 1977 forecast full employment funds GALENSON going Governor CAREY growth impact important improvement income increase industrial countries inflation interest rates investment January Japan labor force loans major Mayor YOUNG ment monetary policy money supply months nomic non-OPEC LDCs OECD oil prices OPEC payroll percent President President's problem production projects proposed public employees public service jobs reason recession reduced regional Representative BROWN Representative HAMILTON Representative LONG Representative REUSS revenue sharing rise seasonal adjustment sector Senator PROXMIRE SHISKIN spending statement tion U.S. dollar unem unemployed unemployment rate United VRIES wage workers