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Joint Economic Committee Democrats

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Nov 29 2011

JEC Releases New Report on Payroll Tax Relief

WASHINGTON, D.C. – The U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), today released a report detailing the negative consequences for American workers and businesses if Congress fails to extend the payroll tax credit. The report entitled, “Supporting the Engines of Economic Growth: Payroll Tax Relief Supports Economic Recovery,” shows that economic growth would be severely hampered if the employee payroll tax cuts expire at the end of this year.

Nov 29 2011

JEC Releases November State-by-State Economic Snapshots

Washington, D.C.- Today, the U.S. Congress Joint Economic Committee (JEC) released the November 2011 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 growth in October with states in each region experiencing gains.

Nov 10 2011

New JEC Report Examines the Poverty Situation of America's Veterans

A new report from the U.S. Congress Joint Economic Committee (JEC) finds that 12.4 percent of Post-9/11 veterans are living in poverty. Younger veterans have fared the worst, with 21.3 percent of veterans between the ages of 18 and 24 living in poverty. The report also examines the challenges of millions of veterans currently in poverty and how Congress can help them to regain and maintain their economic footing.

Nov 04 2011

JEC Chairman Casey’s Statement October Employment Report

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’ October jobs report showing that the unemployment rate decreased slightly to 9.0 percent and 80,000 total nonfarm jobs were added:

Oct 27 2011

JEC Chairman Casey’s Statement on 2011 3rd Quarter GDP

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 2.5 percent in the third quarter of 2011.

Oct 25 2011

JEC Releases October State-by-State Economic Snapshots

Today, the U.S. Congress Joint Economic Committee (JEC) released the October 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. This report shows that despite an improvement in the national employment report, only 22 states saw an expansion in their private-sector employment in September with three states, Texas, Florida and California, accounting for over half of the private-sector gains.

Oct 12 2011

JEC Releases New Report on Geographic and Occupational Immobility and Free Trade

The U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), today released a report detailing the negative impact of trade on vulnerable sectors of the workforce. The report entitled, “Nowhere to Go: Geographic and Occupational Immobility and Free Trade,” shows that trade-displaced workers, who tend to be older and less-educated than other workers, find it more difficult to move to other regions of the country or to other occupations.