Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC); Senator Martin Heinrich (D-NM), Vice Chair of the JEC; and Congresswoman Sharice Davids (D-KS), Native American Caucus Co-Chair and member of the JEC released a new analysis on the persistent structural barriers facing Native American communities and how they hinder economic opportunity, mobility and well-being.
May 12 2022
JEC Chairman Beyer on Chair Powell Confirmation
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after Chair Powell was confirmed for a second term to the Board of Governors of the Federal Reserve.
May 11 2022
JEC Chairman Beyer on April CPI Data
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported the April Consumer Price Index rose 0.3 % on a seasonally adjusted basis, down from 1.2% in March.
May 06 2022
JEC Chairman Beyer on April Jobs Data
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 428,000 in April and the unemployment rate remained stable at 3.6%
Chairman Don Beyer on business growth in all 50 states.
Apr 28 2022
JEC Chairman Beyer on Q1 GDP
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of first quarter gross domestic product (GDP) contracting 1.4%.
Apr 27 2022
Chairman Beyer's Opening Statement at Hearing on Investments to Build a More Competitive America
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), delivered the following opening statement at a hearing entitled “Building on a Strong Foundation: Investments Today for a More Competitive Tomorrow.” Remarks are as prepared.
Apr 26 2022
New JEC Report Shows Strong Wage Growth in 2021, Federal Policy Key to Supporting Further Gains
Today, the Joint Economic Committee (JEC) released a new analysis of wage data that shows workers saw their earnings rise 4.5% in 2021, the fastest pace of growth in almost four decades.
According to recent data, gains were particularly strong for job switchers and low-income workers. Despite inflation, many workers are seeing real wage gains, a reflection of strong consumer demand for both goods and services. Strong demand for workers improves workers’ bargaining power and their wages.
According to recent data, gains were particularly strong for job switchers and low-income workers. Despite inflation, many workers are seeing real wage gains, a reflection of strong consumer demand for both goods and services. Strong demand for workers improves workers’ bargaining power and their wages.
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement in recognition of Earth Day.
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the release of the 2022 Economic Report of the President (the Report).
