Democratic News
- Aug 02 Press Releases JEC Democratic Response to the 2021 Economic Report of the President makes...
- Jul 29 Press Releases JEC Chairman Beyer on Q2 GDP Growth
- Jul 20 Press Releases ICYMI: JEC, Chairman Beyer Highlight Strengthening Recovery, Push Back Agai...
- Jul 15 Press Releases Chairman Beyer Statement on First Payment of Expanded Child Tax Credit
- Jul 14 Press Releases JEC Hearing: Concentrated Corporate Power Undermines Shared Prosperity, Cal...
Republican News
- Jul 30 Newsroom JEC Republicans Respond to Economic Report of the President
- Jul 29 Research Government Intervention is the Wrong Way to Boost U.S. Competitiveness with...
- Jul 29 Newsroom Ranking Member Lee on Second Quarter GDP Report
- Jul 02 Newsroom Senator Lee on June's Employment Numbers
- Jul 01 Research Anti-Work Requirements and a Post-COVID U.S.
State Unemployment Data
Latest Economic Data
Total nonfarm payroll employment rose by 850,000 in June, and the unemployment rate was little changed at 5.9 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic.
In the week ending March 27, the advance figure for seasonally adjusted initial claims was 719,000, an increase of 61,000 from the previous week's revised level. The previous week's level was revised down by 26,000 from 684,000 to 658,000. The 4-week moving average was 719,000, a decrease of 10,500 from the previous week's revised average. This is the lowest level for this average since March 14, 2020 when it was 225,500. The previous week's average was revised down by 6,500 from 736,000 to 729,500.
