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From Chairman
Martin Heinrich
U.S. Senator (D-NM)

Democratic News

November 13, 2024
JEC Chairman Heinrich: Trump’s Inflationary Policies will “Lead to Skyrocketing Prices”
“But with President-Elect Trump in office, the reality for Americans’ finances will become bleak. Trump and Republicans have led Americans to believe that their policies will lower costs, but make no mistake: imposing new tariffs, mass deportations, ...
Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)

Republican News

November 15, 2024
Vice Chairman Schweikert on Monthly Treasury Statement and JEC Hearing Advisory
Today, Joint Economic Committee Vice Chairman David Schweikert released the following statement after the U.S. Department of Treasury released the Mon...

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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 2.8 percent in the third quarter of 2024, according to the "advance" 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.