Economy

Vice Chair Beyer on June Jobs Report: “We are still nearly 15 million jobs in the hole.”

| Posted in Press Releases
Tags: Economy

Today, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that nonfarm payroll employment increased by 4.8 million in June and the unemployment rate fell to 11.1%. The unemployment rate was 15.4% for Black workers and 14.5% for Hispanic workers. The 4.8 million new nonfarm jobs... Read more »

House Passes Sweeping Infrastructure Investment Legislation

| Posted in Press Releases

Rep. Don Beyer (D-VA) today applauded the House’s bipartisan passage of H.R. 2, the Moving Forward Act, broad transportation and infrastructure legislation. Beyer voted for the bill, which contained a number of provisions he authored. Beyer serves on the House Committee on Ways and Means, which helped develop the bill. Beyer’s contributions to the House-passed infrastructure bill include: HR 2795,... Read more »

Beyer Welcomes Schumer/Wyden Bill to Extend Enhanced Unemployment Benefits

| Posted in Press Releases

Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee, released the following statement about the introduction today of the American Workforce Rescue Act by Senate Democratic Leader Chuck Schumer (D-NY) and Senate Finance Committee Ranking Member Ron Wyden (D-OR). The legislation would extend enhanced unemployment benefits past the July 31, 2020 expiration date and... Read more »

New Report Highlights Dangers in Administration’s Proposed “Return-to-work Bonus”

| Posted in Press Releases

Washington, D.C.—Today, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released a report, “The Administration’s 'Return-to-Work Bonus' Is No Substitute for Enhanced Unemployment Benefits,” showing that millions of unemployed workers would be left without the economic support they need if the Trump administration succeeds in replacing the $600 weekly F... Read more »

Beyer Presides Over Debate As House Passes Washington, D.C. Admission Act

| Posted in Press Releases

Rep. Don Beyer (D-VA) today presided over House debate on H.R. 51, the Washington, D.C. Admission Act, before casting a vote to help pass the legislation to make D.C. the 51st state in the Union. Beyer, who represents the Northern Virginia suburbs of the nation’s capital, is a longtime supporter of D.C. statehood, and an original cosponsor of Congresswoman Eleanor Holmes Norton’s statehood legisla... Read more »

Beyer on UI Claims: The President Claims Victory While Americans Suffer

| Posted in Press Releases

Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released the following statement after the Department of Labor (DOL) reported that 1.5 million workers filed regular first-time unemployment claims (not seasonally adjusted) for the week ending June 20 and another 728,000 filed claims through Pandemic Unemployment Assistance (PUA) program for gig wo... Read more »

Vice Chair Beyer’s Calls with Nation’s Leading Economists Inspire Coronavirus Policy Proposals

| Posted in Press Releases

For about an hour several times a week, Congressman Don Beyer (D-VA), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), talks with some of the nation’s most prominent economists and other policy experts about the economic impact of the coronavirus. The conversations, often joined by JEC Members and Members from other congressional committees, have led to policy proposals to help the ... Read more »

Coronavirus stimulus: Surprise jobs report adds doubt to second round

| Posted in Articles

Once Washington absorbed Friday’s surprise jobs report showing a gain of 2.5 million jobs in May (after forecasts for 8 million jobs lost) many turned the question of how the news impacts the long awaited negotiations for an additional phase 4 stimulus deal. "We'll be asking for additional stimulus money,” President Trump said Friday morning as some speculated that a deal might now be off the tabl... Read more »

Senate Republicans Could Cause Humanitarian Catastrophe

| Posted in Press Releases

Rep. Don Beyer (D-VA), Vice Chair of the Joint Economic Committee, today issued the following statement on Republican opposition to extending further assistance to the American people amid the economic crisis caused by the COVID-19 pandemic: “There is a dangerous disconnect between Republican politicians in Washington and the very real anguish being experienced by the American people. That sufferi... Read more »

Beyer To Vote Yes On Heroes Act

| Posted in Press Releases

Rep. Don Beyer (D-VA) today announced that he will vote for the Heroes Act when it comes to the House Floor for final passage this evening. The broad relief legislation is expected to pass on with bipartisan support. Beyer said: “The Heroes Act takes strong steps to fight the COVID-19 pandemic and the resulting economic devastation. It contains key provisions I sought, and I fully support it. This... Read more »