; (iii) the differences in actual economic conditions (including differences in unemployment rates and job losses or gains in particular industries) between the local area of such campus and other local areas with a campus; and (iv) the extent to which the levels involved promote continuous improvement in performance on the primary indicators of performance by such campus and ensure optimal return on the use of Federal funds. (C) Performance per contract The Secretary shall ensure the expected levels of performance are established in the relevant contract or agreement. (D) Revisions based on economic conditions and individuals served during the program year (i) In general In the event of a significant economic downturn, the Secretary may revise the applicable adjusted levels of performance for each of the campuses for a program year to reflect the actual economic conditions during such program year. (ii) Report to Congress Prior to implementing the revisions described in clause (i), the Secretary shall submit to the Committee on Education and the Workforce of the House of Representatives and the Committee on Health, Education, Labor, and Pensions of the Senate a report explaining the reason for such revisions. (E) Review of performance levels The Office of Inspector General of the Department of Labor shall, every 5 years, submit to the Committee on Education and the Workforce of the House of Representatives and the Committee on Health, Education, Labor, and Pensions of the Senate, and publish in the Federal Register and on a publicly available website of the Department, a report containing— (i) a quadrennial review of the expected levels of performance; and (ii) an evaluation of whether— (I) the Secretary is establishing such expected levels of performance in good faith; and (II) such expected levels have led to continued improvement of the Job Corps program. ; (B) by redesignating paragraph (4) as paragraph (5)