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Democratic News

From Chairman
Don Beyer
U.S. Congressman (D-VA)
May 19, 2022
Indian Country Today:‘Metrics of economic well-being’ show Native Americans...
A new report by the U.S. Congress explores “persistent structural barriers” that limit economic opportunity in Indigenous communities.
May 13, 2022
Rep. Beyer, Sen. Heinrich, Rep. Davids Release New Report on Barriers to Ec...
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC); Senator Martin Heinrich (D-NM), Vice Chair of the JEC; and Congresswoman Sharice Davids (D-KS), Native American Caucus Co-Chair and member of the JEC r...
May 12, 2022
JEC Chairman Beyer on Chair Powell Confirmation
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after Chair Powell was confirmed for a second term to the Board of Governors of the Federal Reserve.
May 11, 2022
JEC Chairman Beyer on April CPI Data
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported the April Consumer Price Index rose 0.3 % on a seasonally adjusted basis, down ...

Republican News

From Ranking Member
Mike Lee
U.S. Senator (R-UT)
May 13, 2022
Ranking Member Mike Lee: Views and Estimates of the President’s FY2023 Budg...
Today, Ranking Member Mike Lee sent a letter to the Senate Committee on the Budget providing the Joint Economic Committee’s (JEC’s) economic evaluation of the Budget of the U.S. Government for Fiscal Year 2023.
May 11, 2022
State Inflation Tracker: April 2022
Americans are facing the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families. Each month coinciding with the Bureau of Labor Statistics’ release of the Consumer Price Index...
May 6, 2022
Ranking Member Mike Lee on April Jobs Report
WASHINGTON—Senator Mike Lee (R-UT), Ranking Member of the Joint Economic Committee, made the following statement after the Bureau of Labor Statistics announced that the economy added 428,000 jobs in April:
April 28, 2022
Ranking Member Mike Lee on First Quarter GDP Report
WASHINGTON—Today, Ranking Member Mike Lee (R-UT) released the following statement on the Bureau of Economic Analysis GDP estimate for the first quarter of 2022:

State Unemployment Data

Latest Economic Data

Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021.
The latest data released by the Department of Labor show that the number of filings for new unemployment claims fell to the lowest level since 1968. The number of filings decreased from 171,000 to 166,000 for the week ending April 2 and remain below pre-pandemic levels. The four-week moving average, which smooths week-to-week volatility in the data, dropped to 170,000, down 80% since President Biden took office.