Republican News
- May 26 Research Saving for Social Capital
- May 22 Research New State Employment Data Reveal Pandemic’s Economic Toll
- May 19 Research America’s Volunteer Spirit Continues in the Face of the Pandemic
- May 18 Research Priced Out: Why Federal Tax Deductions Miss the Mark on Family Affordabilit...
- May 15 Research The Pandemic May Increase Faith but Not Religious Participation
Democratic News
- May 28 Press Releases Vice Chair Statement on UI Claims: Even as Country Begins to Reopen, Econom...
- May 28 Press Releases Vice Chair Beyer Responds to White House Refusal to Release Economic Projec...
- May 22 Press Releases New Report Highlights the Economic Risks of Reopening Prematurely
- May 21 Press Releases Vice Chair Statement on UI Claims: McConnell Feels No Sense of Urgency But ...
- May 15 Press Releases Vice Chair Beyer on Fed Manufacturing Data: As a Result of Trump, the Indus...
State Unemployment Data
Latest Economic Data
Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) decreased 4.8 percent in the first quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis.
In the week ending May 23, the advance figure for seasonally adjusted initial claims was 2,123,000, a decrease of 323,000 from the previous week's revised level. The previous week's level was revised up by 8,000 from 2,438,000 to 2,446,000. The 4-week moving average was 2,608,000, a decrease of 436,000 from the previous week's revised average. The previous week's average was revised up by 2,000 from 3,042,000 to 3,044,000.
