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- Feb 19 Research The Epidemic Preceding the Pandemic: Will Utah's Progress Hold?
- Feb 08 Research How Removing Tariffs Would Create Jobs and Boost the Recovery
- Feb 03 Research Expanding Child Care Choices: Reforming the Child and Dependent Care Tax Cr...
- Feb 02 Research What’s Next for Schools: Balancing the Costs of School Closures Against COV...
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- Feb 19 Press Releases JEC Turns 75
- Feb 09 Press Releases Vice Chair Beyer on Tanden’s First Confirmation Hearing: She Understands th...
- Feb 05 Press Releases Beyer on January Jobs Report: “Job Growth Continues to be Shaky and Slow”
- Jan 28 Press Releases Beyer on Rouse Confirmation Hearing: She Understands that Economic Policy M...
State Unemployment Data
Latest Economic Data
The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 4.1 percent in the fourth quarter of 2020, reflecting both the continued economic recovery from the sharp declines earlier in the year and the ongoing impact of the COVID-19 pandemic, including new restrictions and closures that took effect in some areas of the United States.
In the week ending February 20, the advance figure for seasonally adjusted initial claims was 730,000, a decrease of 111,000 from the previous week's revised level. The previous week's level was revised down by 20,000 from 861,000 to 841,000. The 4-week moving average was 807,750, a decrease of 20,500 from the previous week's revised average. The previous week's average was revised down by 5,000 from 833,250 to 828,250.