Committee
Hearings
Schedule
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Hearings
Schedule
Mar 12, 2024 @ 2:30PM
Hearing: The Fiscal Situation of the United States
Apr 10, 2024 @ 3:00PM
Hearing: Building Blocks for Success: Investing in Early Childhood Education
Jun 4, 2024 @ 2:30PM
Hearing: Artificial Intelligence and Its Potential to Fuel Economic Growth and Improve Governance
Jun 12, 2024 @ 3:00PM
Hearing: Made in America: The Boom in U.S. Manufacturing Investment
From Chairman
Martin Heinrich
U.S. Senator (D-NM)
Democratic News
September 18, 2024
JEC Chairman Heinrich Statement on Federal Reserve Decision to Lower Interest Rates
“For months, I’ve advocated for interest rate cuts to deliver the benefits of this economy to Americans. Families have had to endure unnecessary hardship for far too long because of needlessly high interest rates. Today, the Federal Reserve finally ...
Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)
Republican News
September 11, 2024
August 2024 CPI and Real Earnings Staff Commentary
APPLY FOR AN INTERNSHIP
AT THE JOINT ECONOMIC COMMITTEE OFFICEState Unemployment Data
Latest Economic Data
Total nonfarm payroll employment increased by 187,000 in August, and the unemployment rate rose to 3.8 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "second" estimate.
The latest data released by the Department of Labor show that the number of initial unemployment claims fell to 192,000 for the week ending March 11, down 20,000 from the prior week. The four-week moving average, which smooths week-to-week volatility in the data, is 196,500, down 76% since President Biden took office.
