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Press Releases

Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 199,000 in November and the unemployment rate fell slightly to 3.7%. The unemployment rate was 5.8% for Black workers, 4.6% for Hispanic workers, 3.3% for white workers, 3.5% for Asian workers, and 6.1% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, the U.S. Congress Joint Economic Committee Democrats released a new report outlining how investment in Puerto Rico’s clean energy infrastructure can support economic growth on the island. Congress has appropriated $12 billion in relief funding to rebuild Puerto Rico’s energy system, including modernization of the energy grid, in response to the destruction caused by multiple recent natural disasters. The report argues that these funds offer an opportunity for investment in a modern grid.
Washington, D.C.— Hoy, los demócratas del Comité Económico Conjunto del Congreso de los Estados Unidos publicaron un nuevo informe que describe cómo la inversión de energía renovable de Puerto Rico puede apoyar el crecimiento económico en la isla. El Congreso ha asignado $12 mil millones de dólares en fondos de ayuda para reconstruir el sistema energético de Puerto Rico, incluyendo la modernización de la red eléctrica, en respuesta a la destrucción causada por múltiples desastres naturales recientes. El informe sostiene que estos fondos ofrecen una oportunidad de inversión en una red moderna.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index were flat in October, compared with the 0.4% increase in September. Data also show that annual prices grew only 3.2%, down sharply from the peak rate of 9.1% in June 2022.
Washington, D.C.—Hoy, el senador Martin Heinrich (D-NM), presidente del Comité Económico Conjunto (JEC por sus siglas en inglés) del Congreso de los EE.UU., y los demócratas del JEC publicaron un nuevo informe que pide la financiación completa de la Comisión Regional de la Frontera Suroeste (SBRC, por sus siglas en inglés) para canalizar nuevas inversiones hacia la creación de empleos e infraestructura civil y empresarial a lo largo de la frontera suroeste.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), and the JEC Democrats released a new report calling for full funding of the Southwest Border Regional Commission (SBRC) in order to channel new investment for job creation, as well as civil and business infrastructure along the southwest border.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 150,000 in October and the unemployment rate rose slightly to 3.9%. The unemployment rate was 5.8% for Black workers, 4.8% for Hispanic workers, 3.5% for white workers, 3.1% for Asian workers, and 6.7% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate that real third-quarter gross domestic product (GDP) expanded 4.9% on an annual basis.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released a report authored by the JEC Democratic Majority, finding that climate-exacerbated wildfires cost the United States between $394 to $893 billion per year in economic costs and damages – a number much higher than existing estimates.