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

Democratic News

July 11, 2024
JEC Chairman Heinrich: “Let’s get money back into the pockets of working families.”
“The Fed has made clear it needs confirmation that inflation is tamed before cutting interest rates. Here it is. Inflation is cooling, gas prices are falling, and the job market is stable. But families across the country aren’t feeling the impact of ...
Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)

Republican News

APPLY FOR AN INTERNSHIP

AT THE JOINT ECONOMIC COMMITTEE OFFICE

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 1.4 percent in the first quarter of 2024, according to the "third" 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.