Committee
Hearings
Schedule
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Hearings
Schedule
Mar 12, 2024 @ 2:30PM
Hearing: The Fiscal Situation of the United States
Apr 10, 2024 @ 3:00PM
Hearing: Building Blocks for Success: Investing in Early Childhood Education
Jun 4, 2024 @ 2:30PM
Hearing: Artificial Intelligence and Its Potential to Fuel Economic Growth and Improve Governance
Jun 12, 2024 @ 3:00PM
Hearing: Made in America: The Boom in U.S. Manufacturing Investment
From Chairman
Martin Heinrich
U.S. Senator (D-NM)
Democratic News
September 11, 2024
JEC Chairman Heinrich on August CPI Data: “The Fed Can Lighten the Load on Families by Cutting Interest Rates”
“Today’s release is welcome news that inflation continues to fall. The prices of energy and used cars are down. And wage growth is outpacing inflation. But there’s still work to do to ensure families feel relief. At the top of that list is cutting in...
Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)
Republican News
September 11, 2024
August 2024 CPI and Real Earnings Staff Commentary
APPLY FOR AN INTERNSHIP
AT THE JOINT ECONOMIC COMMITTEE OFFICEState 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 3.0 percent in the second quarter of 2024, according to the "second" 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.
