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Joint Economic Committee Democrats

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Oct 28 2021

Chairman Beyer Statement on Q3 GDP

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 third quarter gross domestic product (GDP) growth of 2.0% on an annualized basis.?

Oct 12 2021

House Democrats Introduce Legislation To Strengthen And Reform Unemployment Insurance

U.S. Representatives Don Beyer (D-VA), Alexandria Ocasio-Cortez (D-NY), Mikie Sherrill (D-NJ), Jimmy Gomez (D-CA), Cori Bush (D-MO), and Scott Peters (D-CA) today announced the introduction of the Unemployment Insurance Improvement Act, H.R. 5507, legislation to strengthen the delivery of benefits to unemployed American workers. The bill would require states to provide a minimum 26 weeks of unemployment insurance (UI) benefits, cover part-time workers, and update wage record rules and administration standards to make benefits more accessible to applicants.

Oct 08 2021

JEC Chairman Beyer on September Jobs Report

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 194,000 in September and the unemployment rate declined to 4.8%, a new pandemic-era low. The unemployment rate was 7.9% for Black workers, 6.3% for Hispanic workers and 4.2% for Asian workers.

Sep 23 2021

JEC Hearing: Electrification of Homes, Buildings Key to Addressing Climate Change, Promoting Shared Prosperity

Yesterday, the U.S. Congress Joint Economic Committee (JEC) held a hearing titled “Examining the Economic Benefits of Electrifying America’s Homes and Buildings.” The hearing explored how residential and building electrification is critical to addressing climate change and advancing economic growth that is stronger, stable, and broadly shared. Vice Chair Martin Heinrich (D-NM) presided.

Sep 15 2021

Congressional Hispanic Caucus and Joint Economic Committee Release New Report, Highlights Contributions and Challenges of Hispanic Workers

WASHINGTON, D.C. — To commemorate National Hispanic Heritage Month, which begins today and runs through October 15, the Congressional Hispanic Caucus (CHC), led by Congressman Raul Ruiz, M.D. (D-CA), and the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA), released a new report that examines the contributions of Hispanic workers to the U.S. economy. Despite being among those most affected by the health and economic effects of the coronavirus and pervasive structural barriers to full economic participation, Hispanic workers are helping to drive the ongoing economic recovery and are poised to serve as catalysts of future economic growth.

Sep 03 2021

Chairman Beyer Statement on August Jobs Report

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 235,000 in August and the unemployment rate was 5.2%. The unemployment rate was 8.8% for Black workers, 6.4% for Hispanic workers and 4.6% for Asian workers.

“Today’s jobs numbers remind us that economic recovery hinges on controlling the spread of the coronavirus. Recovering from the worst economic crisis since the Great Depression will not be without its challenges, and with strong leadership, we can continue to rise to meet them."