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 »
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 »
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 »
United States Senator Elizabeth Warren (D-Mass.), along with Senators Angus King (I-Maine.), Michael Bennet (D-Colo.), and Representative Donald S. Beyer (D-Va.), sent a letter to U.S Treasury Secretary Janet Yellen urging her and her staff to pursue strong implementation of the 15 percent corporate minimum tax (CMT) on billion-dollar corporations in the Inflation Reduction Act of… Read more »
Today, in Recognition of National recovery Month, the U.S. Congress Joint Economic Committee (JEC)—led by Chairman Don Beyer (D-VA)—released a new analysis that finds the opioid epidemic cost the United States a record of nearly $1.5 trillion in 2020. This is up 37% from 2017, when the CDC last measured the cost.
After the pandemic disrupted the U.S. health care system, reducing… Read more »
To commemorate National Hispanic Heritage Month, which begins today and runs through October 15, the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA), and the Congressional Hispanic Caucus (CHC), led by Congressman Dr. Raul Ruiz, M.D. (D-CA), released a new report highlighting the essential contributions Hispanic Americans make to U.S. economic growth… Read more »
