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Joint Economic Committee Democrats Chairman - Rep. Don Beyer (D-VA)

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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.
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 from 1.2% in March.
Today, 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 (BLS) reported that nonfarm payroll employment increased by 428,000 in April and the unemployment rate remained stable at 3.6%
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of first quarter gross domestic product (GDP) contracting 1.4%.
Today, the Joint Economic Committee (JEC) released a new analysis of wage data that shows workers saw their earnings rise 4.5% in 2021, the fastest pace of growth in almost four decades.

According to recent data, gains were particularly strong for job switchers and low-income workers. Despite inflation, many workers are seeing real wage gains, a reflection of strong consumer demand for both goods and services. Strong demand for workers improves workers’ bargaining power and their wages.
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 March Consumer Price Index rose 1.2% on a seasonally adjusted basis, up from February’s 0.8%.