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Aug 04 2011

JEC Releases New Report on Long-term Unemployment

New Report Details Growing Employment Gap and Long-Term Unemployment In the Aftermath of the Great Recession

Today, the U.S. Congress Joint Economic Committee (JEC) released a new report that highlights the long-term unemployment crisis. The report entitled, “Addressing Long-Term Unemployment after the Great Recession: The Crucial Role of Workforce Training,” shows that the long-term unemployment that characterized the Great Recession has shown few signs of abating and remains at near-record levels.

Jul 29 2011

JEC Chairman Casey’s Statement on 2011 2nd Quarter GDP

Washington Must Focus on Job Creation and Promoting Economic Growth

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 1.3 percent in the second quarter of 2011.

Jul 12 2011

Casey on Today's JEC Hearing on Training America's Workforce

“Arming our workers with new skills is critical to bolstering the United States’ competitive position and strengthening our economy”

Today, Senator Bob Casey (D-PA), Chairman of the Joint Economic Committee, held a hearing that focused on how best to help America's workforce build the skills they will need for new, emerging jobs in manufacturing.
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’ June jobs report showing that the unemployment rate was essentially unchanged at 9.2 percent and 18,000 total nonfarm jobs were added.
Today, U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), held a hearing focusing on the manufacturing sector and the need for a national strategy to revitalize manufacturing in the United States. The manufacturing sector is central to the overall health of the economy, and today’s hearing examined strategies and policies to bolster U.S. manufacturing growth.
Today, the U.S. Congress Joint Economic Committee (JEC) released its latest monthly state-by-state report, titled “Understanding the Economy: State-by-State Snapshots.” The updated report shows that 23 states saw an increase in private sector employment during the month of May. In the past 12 months, all but three states and the District of Columbia have added private-sector jobs.
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’ May jobs report showing that the unemployment rate was essentially unchanged at 9.1 percent and 54,000 total nonfarm jobs were added:
A new report from the U.S. Congress Joint Economic Committee (JEC) finds that veterans who have served on active duty since September 2001 face the highest unemployment rate among all veterans -- 10.9 percent in April 2011. The report shines a spotlight on the need for additional congressional action to help veterans transition from military service to the civilian workforce.
Today, the Chairman of the U.S. Congress Joint Economic Committee (JEC) released the May 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows that national economic progress is translating into economic expansion in most states, with forty-two states and the District of Columbia experiencing private-sector job growth during the month.