Editorial Notes

References in Text

The Full Employment and Balanced Growth Act of 1978, referred to in subsecs. (d), (e), (f), (h), and (j), is Pub. L. 95–523, Oct. 27, 1978, 92 Stat. 1887, which is classified principally to chapter 58 (§ 3101 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 3101 of this title and Tables.

Amendments

1978—Pub. L. 95–523 designated existing provisions as subsec. (a), inserted provisions relating to promotion of balanced growth, a balanced Federal budget, adequate productivity growth, proper attention to national priorities, improvement in trade balance, and reasonable price stability, and added subsecs. (b) to (j).

Statutory Notes and Related Subsidiaries

Short Title

Act Feb. 20, 1946, ch. 33, § 1, 60 Stat. 23, provided: “This Act [enacting this chapter] may be cited as the ‘Employment Act of 1946’.”

Statement of Purpose

Pub. L. 95–523, title I, § 101, Oct. 27, 1978, 92 Stat. 1890, provided that: “It is the purpose of this title [enacting sections 1022a to 1022f of this title, amending sections 1021, 1022 and 1023 of this title and section 225a of Title 12, Banks and Banking, and enacting provisions set out as a note under section 225a of Title 12]—

“(1)

to declare the general policies of this Act [see Short Title note under section 3101 of this title];

“(2)

to provide an open process under which economic goals and policies are proposed, reviewed, and established;

“(3)

to provide for yearly review of national economic policies to ensure their consistency with these goals to the maximum extent possible; and

“(4)

to strengthen and supplement the purposes and policies of the Employment Act of 1946 [this chapter].”