Washington, D.C. – A new report by the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA) finds that the American labor force has a shortage of skilled workers in the science and technological fields. This shortage could have serious repercussions as these fields drive productivity and innovation which further aides in strengthening American competitiveness.

U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ March 2012 jobs report showing that 120,000 total nonfarm jobs were added and the unemployment rate fell to 8.2 percent.

U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after today’s announcement from the U.S. Department of Commerce that the U.S. trade deficit for goods and services increased by $2.2 billion to $52.6 billion in January 2012.

WASHINGTON, D.C. – In observance of Black History Month, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), released a fact sheet detailing the economic well-being of the African American community. The Great Recession caused devastating effects to the African American community, evidenced by record-high unemployment which hit a high of 16.7 percent. Although the unemployment rate for African American workers remains significantly higher than it was when the recession began, the decline in January to 13.6 percent may signal future improvement in the community’s employment situation.