Jim Renacci: “I thank the gentleman for yielding. I would like to thank Chairman Camp and Chairman Davis for their hard work on the…”

“I thank the gentleman for yielding. I would like to thank Chairman Camp and Chairman Davis for their hard work on the much- needed reforms to our unemployment insurance program. The Bureau of Labor Statistics reported today that there are over 3.3 million job openings in America. According to studies earlier this year, 22 percent of American businesses and 57 percent of small businesses are looking for employees and are ready to hire, if they can just find the right people. Matching willing employers with able workers is an absolute must. In this uncertain economy, helping to cover the risk of training a new employee will help the unemployed back to work. Using unemployment dollars to subsidize the training of a new employee to reenter the workforce is just good public policy. In June, I was proud to introduce the bipartisan-supported EMPLOY Act, to give States the flexibility to do precisely this. I remain very proud today that my concept is included in this package. Support this bill, which gives States like Ohio the flexibility to use unemployment dollars for job-training services, and I want to thank the chairmen for working with me.”