Today, Congressman Don Beyer (D-VA), 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 261,000 in October and the unemployment rate increased to 3.7%. The unemployment rate was 5.9% for Black workers, 4.2% for Hispanic workers, 2.9% for Asian… Read more »
Reps. Don Beyer (D-VA) and Tom Malinowski (D-NJ), co-Chairs of Congress’ Egypt Human Rights Caucus, issued the following statement today:
“We are deeply committed to the fight against climate change, and believe international cooperation is central to that effort, but Egypt was the wrong choice for COP27. Its government jails environmental and political activists and treats NGOs as a… Read more »
Rep. Don Beyer (D-VA) today gladly welcomed the announcement of a diplomatic breakthrough at African Union peace talks in South Africa between warring sides in Ethiopia, which included an agreement to “a permanent cessation of hostilities.” Beyer, who represents one of the largest Ethiopian diaspora communities in the United States, has long urged a peaceful resolution to the conflict… Read more »
Today, Congressman Don Beyer (D-VA), 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 of third quarter gross domestic product (GDP) expanded 2.6% on an annualized basis.
Visit the JEC’s Macroeconomic Dashboard to view the latest economic data.
“An even… Read more »
New reporting and interviews with Republican leaders have clarified House Republicans’ intent to use threats to block an increase to the debt limit – which could lead to a default and a major economic crisis – subject to demands for policy concessions.
The Bipartisan Policy Center projects that the debt limit will need to be raised in the third quarter of 2023. Congress’ Joint Economic… Read more »
To commemorate National Hispanic Heritage Month, which runs through October 15, the Congressional Hispanic Caucus (CHC), led by Congressman Dr. Raul Ruiz (D-CA), and the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA), released a new report that examines the outsized contributions Latina workers make to the U.S. economy and highlights barriers to… Read more »
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that the September Consumer Price Index reading was up 0.4% over the last month on a seasonally adjusted basis, and core inflation, which excludes volatile food and energy prices, was up 0.6% for the second consecutive… Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after House Republicans made clear their intentions to leverage future debt-limit negotiations to force cuts to Medicare and Social Security.
“While Democrats are passing legislation to cut costs for households, expand access to health insurance and… Read more »
Today, Congressman Don Beyer (D-VA), 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 263,000 in September, and the unemployment rate decreased to 3.5%. The unemployment rate fell to 5.8% for Black workers, 3.8% for Hispanic workers and 2.5% for… Read more »
The U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new analysis that finds states with the most restrictive abortion laws have worse economic conditions for families.
Following the Supreme Court’s decision to overturn nearly 50-years of precedent that guaranteed the right to safe and legal abortion, states have enacted laws to restrict… Read more »