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Feb 9, 2022 @ 2:30PMHearing: Building a Better Labor Market: Empowering Older Workers for a Stronger Economy
Mar 16, 2022 @ 2:30PMHearing: Examining the Impact of Shareholder Primacy: What it Means to Put Stock Prices First
Apr 27, 2022 @ 10:00AMHearing: Building on a Strong Foundation: Investments Today for a More Competitive Tomorrow
Jul 20, 2022 @ 2:30PMHearing: The Economic Toll of Gun Violence
U.S. Senator (D-NM)
March 14, 2023JEC Chairman-Designate Heinrich on February CPI Data
Today, Senator Martin Heinrich, (D-NM), Chairman-Designate of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that prices measure by the Consumer Price Index increased 0...
March 13, 2023JEC Chairman-Designate Heinrich on Silicon Valley Bank
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman-Designate of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the failure of Silicon Valley Bank and subsequent actions taken by the Treasury Dep...
March 10, 2023JEC Chairman-Designate Heinrich on February Jobs Report
Today, Senator Martin Heinrich, (D-NM), Chairman-Designate 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 311,000 ...
March 9, 2023President Biden’s Budget Proposal Takes Fiscally Responsible Steps Towards ...
Washington, D.C.— Today, U.S. Senator Martin Heinrich, Chair-Designate of the Joint Economic Committee, released the following statement on President Biden’s budget request for fiscal year 2024.
From Ranking Member
U.S. Senator (R-UT)
December 13, 2022State Inflation Tracker: November 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...
December 9, 2022Finding Home: Helping the Homeless Improve Their Lives and Reconnect with C...
Homelessness has become a daunting problem in many cities across the United States, particularly since the 1980s. Drug use, deinstitutionalization of the mentally ill, increased family breakdown, and higher housing costs have all contributed to the r...
December 7, 2022The Consequences of Declining Fertility for Social Capital
In 2020, the total fertility rate in the United States reached its lowest point on record. Fertility rebounded slightly in 2021, but Americans continue to not have enough children to maintain the current population.
December 2, 2022Ranking Member Mike Lee on November 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 263,000 jobs in November:
State Unemployment Data
Latest Economic Data
Total nonfarm payroll employment rose by 311,000 in February, and the unemployment rate edged up to 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter.
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.