News release: “At a hearing today in front of the Senate Commerce Committee on the Magnuson-Stevens Act, Assistant NOAA Administrator for Fisheries Eric Schwaab said that the U.S. is making good progress toward meeting the mandate to end domestic overfishing. “We know that nearly $31 billion in sales and as many as 500,000 jobs are lost because our fisheries are not performing as well as they would if all stocks were rebuilt,” Schwaab said. “While we are turning a corner toward a brighter future for fishermen and fishing communities, many fishermen are struggling in part as a result of years of decline in fishing opportunity.” Schwaab said that NOAA is committed to working with fishermen and communities during this period of transition. Our nation’s fisheries have been vital to the economics and identities of our coastal communities for hundreds of years. According to the most recent estimates, U.S. commercial and saltwater recreational fisheries support almost two million jobs and generate more than $160 billion in sales.”