The session will mark the first time the Joint Economic Committee — one of only a handful of bicameral congressional panels — has taken up the issue. It’s another sign of how enmeshed the topic has become with broader policy debates on Capitol Hill.
May 15 2024
JEC Chairman Heinrich on April CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.3% in April, lower than the March reading. Data also show that annual prices grew 3.4% over the last year, slightly lower than the 3.5% reading in March.
May 03 2024
JEC Chairman Heinrich on April Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 175,000 in April and the unemployment rate ticked up to 3.9%. The unemployment rate was 5.6% for Black workers, 4.8% for Hispanic workers, 3.5% for white workers, 2.8% for Asian workers, and 4.7% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 that real first-quarter gross domestic product (GDP) expanded 1.6% on an annual basis.
Apr 10 2024
JEC Chairman Heinrich on March CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.4% in March. Data also show that annual prices grew 3.5% over the last year, slightly higher than the 3.2% reading in February.
Apr 05 2024
JEC Chairman Heinrich on the March Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), 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 303,000 in March and the unemployment rate ticked down to 3.8%. The unemployment rate was 6.4% for Black workers, 4.5% for Hispanic workers, 3.4% for white workers, 2.5% for Asian workers, and 3.9% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Council of Economic Advisers released the annual Economic Report of the President (the Report).
Mar 12 2024
JEC Chairman Heinrich on February CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.4% in February. Data also show that annual prices grew 3.2% over the last year, slightly higher than the 3.1% reading in January.
Mar 08 2024
JEC Chairman Heinrich on February Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 275,000 in February and the unemployment rate ticked up to 3.9%. The unemployment rate was 5.6% for Black workers, 5.0% for Hispanic workers, 3.4% for white workers, 3.4% for Asian workers, and 6.6% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to President Biden’s State of the Union address: