UNEMPLOYMENT IN THE UNITED STATES 9 
(¢) The term ‘“‘public works emergency appropriation’ means an appropria- 
tion made in pursuance of supplemental estimates transmitted to the Congress 
under the provisions of this act. 
FEDERAL EMPLOYMENT STABILIZATION BQARD 
Sec. 3. (a) There is hereby established a board to be known as the Federal 
Employment Stabilization Board, and to be composed of the Secretary of the 
Treasury, the Secretary of Commerce, the Secretary of Agriculture, and the 
the Secretary of Labor. It shall be the duty of the board to advise the President 
from time to time of the trend of employment and business activity and of the 
existence or approach of periods of business depression and unemployment in the 
United States or in any substantial portion thereof. 
(b) The board is authorized to appoint, in accordance with the civil service 
laws, a secretary and such experts, and clerical and other assistants, and to make 
such expenditures (including expenditures for personal services and rent at the 
seat of government and elsewhere, for law books, books of reference, and pe- 
riodicals) as may be necessary for the administration of this act, and as may 
be provided for by the Congress from time to time. The compensation of the 
secretary and such experts and clerical and other assistants shall be fixed in 
accordance with the classification act of 1923, as amended. 
BASIS OF ACTION OF BOARD 
Sec. 4. (a) In advising the President the board shall take into consideration 
the volume, based upon value, of contracts awarded for construction work in 
the United States, or in any subtantial portion thereof, during the three months’ 
period preceding action, in comparison with the corresponding three-month 
periods of the two previous calendar years. 
(b) The board may also take into consideration the index of employment pre- 
pared by the Department of Labor, and any other information concerning em- 
ployment furnished by the Department of Labor or by any other public or pri- 
vate agency, and any other facts which it may consider pertinent. 
PUBLIC WORKS EMERGENCY APPROPRIATION 
Sec. 5. Whenever, upon recommendation of the board, the President finds 
that there exists, or that within the six months next following there is likely 
to exist, in the United States or any substantial portion thereof, a period of 
business depression and unemployment, he is requested to transmit to the 
Congress by special message, at such time and from time to time thereafter, such 
supplemental estimates as he deems advisable for emergency appropriations, to 
be expended during such period upon public works in the United States or in 
the area affected, in order to prevent unemployment and permit the Government 
to avail itself of the opportunity for speedy, efficient, and economical construec- 
tion during any such period. Except as provided in this act, such supplemental 
estimates shall conform to the provisions of the Budget and Accounting act, 
1021. 
WORKS ON WHICH APPROPRIATION USED 
Sec. 6. Public works emergency appropriations are authorized and shall be 
expended only— 
(a) For carrying out the provisions of the Federal highway act, as now or 
hereafter amended and supplemented; 
(b) For the preservation and maintenance of existing river and harbor works, 
and for the prosecution of such projects heretofore or hereafter authorized as may 
be most desirable in the interest of commerce and navigation; 
(c) For prosecuting flood-control projects heretofore or hereafter authorized; 
and 
(d) For carrying into effect the provisions of the public buildings act, approved 
May 25, 1926, as now or hereafter amended and supplemented, in respect of 
public buildings within and without the District of Columbia. 
PUBLICATION OF INDEX OF EMPLOYMENT 
Sec. 7. The Secretary of Labor shall prepare and publish monthly an Index of 
Employment, which shall indicate the condition of employment in the United 
States and in each substantial portion thereof.