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Congresswoman Carolyn B. Maloney, Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the June jobs report showing that the unemployment rate decreased to 9.5 percent and 125,000 total nonfarm jobs were lost.
Washington, D.C. – Representative Carolyn Maloney, Chair of the JEC, convened a hearing to identify ways to help transform federally-funded university research into innovations that create jobs and further the economic recovery.
Washington, D.C. – Today, the U.S. Congress Joint Economic Committee (JEC) released its monthly state-by-state report, titled “Understanding the Economy: State-by-State Snapshots.” The updated report shows that 37 states and the District of Columbia saw unemployment rate decreases in May and 27 states saw private sector employment increases.
Washington D.C. - Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics' May jobs report showing that the unemployment rate decreased to 9.7 percent and 431,000 total nonfarm jobs were added.
On Friday, June 4, the Bureau of Labor Statistics (BLS) will release its May 2010 employment report, showing the net number of jobs created or lost during the month of May as well as the unemployment rate. Historical data for the 2000 and 1990 censuses also show that May is the peak month for hiring of Census workers.
The unemployment rate for young workers ages 16-24 has continued to climb, hitting a record high in April 2010, even as the economy has strengthened and added more than 570,000 jobs in the first four months of 2010, according to a new report by the U.S. Congress Joint Economic Committee (JEC).
The U.S. Congress Joint Economic Committee released the May installment of its “Understanding the Economy: State-by-State Snapshots” series, which provides easy access to the major economic indicators in all 50 states and the District of Columbia in the areas of jobs, unemployment, personal earnings and housing.