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Today, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), heard testimony from the Honorable Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System. The hearing focused on the economic challenges facing the country and what Congress and the Federal Reserve can do to strengthen the economy and promote job creation.

Sep 20 2011

JEC Releases New Report on Trade Adjustment Assistance

New Report Details Benefits of TAA and Extension of Program

Today, the U.S. Congress Joint Economic Committee (JEC), released a new report that highlights the vital role Trade Adjustment Assistance plays in helping workers displaced by trade build skills and find new jobs. The report entitled, “The Importance of Trade Adjustment Assistance (TAA) for America’s Workers,” shows that the program effectively helps workers harmed by import competition and that those who receive assistance find lasting employment relationships.
Today, the U.S. Congress Joint Economic Committee (JEC) released the September 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows that 19 states and the District of Columbia added jobs in the private sector in August, down from July, when 42 states and the District of Columbia posted private-sector job gains.
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’ August jobs report showing that the unemployment rate held at 9.1% and the number of nonfarm jobs was unchanged:
Today, the U.S. Congress Joint Economic Committee (JEC) released the August 2011 edition of its state-by-state snapshots which detail each individual states economic progress for the previous month. The report entitled, “Understanding the Economy: State-by-State Snapshots,” shows that the private sector continues to rebound with forty-one states and the District of Columbia adding jobs in July.
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’ July jobs report showing that the unemployment rate was essentially unchanged at 9.1% and 117,000 total nonfarm jobs were added:

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.