WASHINGTON, D.C. – Today, the U.S. Congress Joint Economic Committee (JEC) released the March 2012 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows widespread private-sector gains reaching nearly four out of five states, with 285,000 private-sector jobs added nationally in January.
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. – 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’ February 2012 jobs report showing that 227,000 total nonfarm jobs were added and the unemployment rate remained unchanged at 8.3 percent:
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.
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’ January 2012 jobs report showing that the unemployment rate fell to 8.3 percent and 243,000 total nonfarm jobs were added.
WASHINGTON, D.C. – In anticipation of the second meeting of the Payroll Tax Cut Conference Committee, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), released a new report detailing how much money would stay in the pocket of one- and two-earner families at a county-level based on median wage and salary income per worker.
U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the announcement from the Bureau of Economic Analysis that Gross Domestic Product grew by 2.8 percent annual rate in the fourth-quarter of 2011.
Today, the U.S. Congress Joint Economic Committee (JEC) released the January 2012 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month.
Jan 24 2012
JEC Releases New Report on Economic Impact of the Payroll Tax Cut and Federal UI Benefits
As the Payroll Tax Cut Conference Committee meets for the first time today, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), released a new report highlighting the critical role the payroll tax cut and unemployment insurance benefits play in sustaining the economic recovery.