Today, U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), held a hearing focusing on the manufacturing sector and the need for a national strategy to revitalize manufacturing in the United States. The manufacturing sector is central to the overall health of the economy, and today’s hearing examined strategies and policies to bolster U.S. manufacturing growth.

U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ May jobs report showing that the unemployment rate was essentially unchanged at 9.1 percent and 54,000 total nonfarm jobs were added:

Today, the Chairman of the U.S. Congress Joint Economic Committee (JEC) released the May 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows that national economic progress is translating into economic expansion in most states, with forty-two states and the District of Columbia experiencing private-sector job growth during the month.

A new report by the U.S. Congress Joint Economic Committee (JEC) finds that eliminating or modifying several tax breaks currently benefiting the major integrated oil companies will reduce the deficit by $21 billion over ten years and encourage investments in alternative energy and energy efficiency.