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Democratic News

From Chairman
Martin Heinrich
U.S. Senator (D-NM)
September 28, 2023
JEC Chairman Heinrich and Senior House Democrat Rep. Beyer on Impending Gov...
Washington, D.C.— Today, Joint Economic Committee Chairman Martin Heinrich (D-NM) and JEC Senior House Democrat Rep. Don Beyer (VA-08) released the following statement as the federal government comes to the brink of a shutdown.
September 20, 2023
JEC Chairman Heinrich Statement on Today’s Federal Reserve Decision on Inte...
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement ahead of the Federal Reserve’s decision on whether to raise federal interest rates.
September 13, 2023
JEC Chairman Heinrich on August CPI Data
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 In...
September 11, 2023
Joint Economic Committee Releases New Report on Artificial Intelligence
Today, the Joint Economic Committee (JEC) Democrats released a new report detailing how the United States government can maintain American leadership in artificial intelligence (AI) through public investment and workforce development.

Republican News

Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)
December 13, 2022
State Inflation Tracker: November 2022
Americans are facing the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families. Each month coinciding with the Bureau of Labor Statistics’ release of the Consumer Price Index...
December 9, 2022
Finding Home: Helping the Homeless Improve Their Lives and Reconnect with C...
Homelessness has become a daunting problem in many cities across the United States, particularly since the 1980s. Drug use, deinstitutionalization of the mentally ill, increased family breakdown, and higher housing costs have all contributed to the r...
December 7, 2022
The Consequences of Declining Fertility for Social Capital
In 2020, the total fertility rate in the United States reached its lowest point on record. Fertility rebounded slightly in 2021, but Americans continue to not have enough children to maintain the current population.
December 2, 2022
Ranking Member Mike Lee on November Jobs Report
WASHINGTON—Senator Mike Lee (R-UT), Ranking Member of the Joint Economic Committee, made the following statement after the Bureau of Labor Statistics announced that the economy added 263,000 jobs in November:

State Unemployment Data

Latest Economic Data

Total nonfarm payroll employment increased by 187,000 in August, and the unemployment rate rose to 3.8 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “third” estimate.
The latest data released by the Department of Labor show that the number of initial unemployment claims fell to 192,000 for the week ending March 11, down 20,000 from the prior week. The four-week moving average, which smooths week-to-week volatility in the data, is 196,500, down 76% since President Biden took office.