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Democratic News

From Chairman
Martin Heinrich
U.S. Senator (D-NM)
March 8, 2024
JEC Chairman Heinrich on February Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 27...
March 8, 2024
JEC Chairman Heinrich on February Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 27...
March 7, 2024
JEC Chairman Heinrich on the State of the Union Address
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to President Biden’s State of the Union address:
March 6, 2024
JEC Chairman Heinrich Releases Report on Taking on Corporate Greed
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), and the JEC Democrats released a report titled, “Democrats are Taking on Corporate Greed and Fighting for American Families.”

Republican News

Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)
March 8, 2024
February 2024 Employment Situation Staff Commentary
From January to February: • Nonfarm payroll employment increased by 275K. • Private sector payroll employment increased by 223K. • Government payroll employment increased by 52K. • The headline unemployment rate (U-3) increased by 0.2 percentage...
February 29, 2024
January 2024 PCE Report
Headline personal income increased by 1.0 percent m/m ($233.7B). Real disposable personal income (DPI) per capita fell by 0.05 percent m/m. That means prices rose faster than after-tax income. Real personal consumption expenditures (PCE) fell by 0....
February 13, 2024
January 2024 CPI Report
Headline CPI-U inflation increased 0.3 percent m/m. The food price index increased 0.4 percent m/m. The energy index decreased 0.9 percent m/m. Core CPI-U inflation increased 0.4 percent m/m. Real average weekly earnings for all employees decreas...
February 2, 2024
January 2024 Employment Situation Staff Commentary
Nonfarm payroll employment increased by 353K. Private sector payroll employment increased by 317K. Government payroll employment increased by 36K. The headline unemployment rate (U-3) remained unchanged at 3.7 percent. The broadest measure of une...

State 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 3.2 percent in the fourth quarter of 2023, 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.