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1 The American Jobs Act: Impact for Women and the Economy 1 (2012)

handle is hein.prescomm/prescommaaaic0001 and id is 1 raw text is: THE AMERICAN JOBS ACT: IMPACT FOR WOMEN AND THE ECONOMY The American people understand that the economic crisis and the deep recession weren't created overnight and won't be solved overnight. The economic security of the middle class has been under attack for decades. That's why President Obama believes we need to do more than just recover from this economic crisis - we need to rebuild the economy the American way, based on balance, fairness, and the same set of rules for everyone from Wall Street to Main Street. This is especially true in helping women get back to work, as employment growth for women has been slower than men during the recovery. Today nearly two-thirds of women are breadwinners or co- breadwinners for their families, so it's critical that any plan for recovery and job growth include opportunities for women. To create jobs for these women, and help women business owners expand, the President unveiled the American Jobs Act - nearly all of which is made up of ideas that have been supported by both Democrats and Republicans, and that Congress should pass right away to get the economy moving now. Preventing up to 280,000 teacher layoffs - keepins! teachers in the classroom: The President's plan will invest $30 billion to help prevent up to 280,000 teacher layoffs, along. If these layoffs were to occur, they would disproportionately impact women, who make up about 78% of pre-K- to 12 teachers. New investments will modernize and revitalize schools, communities, and infrastructure: The President is proposing investments that will modernize at least 35,000 schools, revitalize communities hardest-hit by foreclosures, and expand investments in roads, rail, transit, and airports - along with a commitment to create infrastructure employment opportunities for minorities, women, and socially and economically disadvantaged individuals. An extension of unemployment insurance that will prevent 2.6 million women from losins! their benefits: The President is calling for an extension of unemployment insurance, which would prevent some of the 2.6 million American women who are currently receiving unemployment benefits from losing a crucial lifeline. This extension would be paired with reforms to help the program better serve the long-term unemployed - including the 2.8 million women who have been unemployed longer than six months. Supportins! job trainins! and successful subsidized employment approaches: The President's plan would create a new Pathways Back to Work Initiative that would support successful subsidized employment programs and work-based job training that builds skills and connect participants to work. This Initiative could provide job opportunities and vital work-based training to hundreds of thousands of low-income women, many of whom are single mothers. Over 75 million women will benefit from the extension of the payroll tax cut. By extending the payroll tax cut next year, the President's plan will help increase the paychecks of 77.9 million women in the workforce - providing them with more money to support their families and spend in their communities.

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