Dec 08 2022
JEC Report Shows Economic Security Program Expansion Drove Record-Breaking Decline in Poverty
American Rescue Plan and Biden administration actions helped lift 4.5 million Americans out of poverty
Designated funding accounts would expand access to opportunity, promote economy-wide benefits.
Dec 02 2022
JEC Chairman Beyer on November Jobs Report
The Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 263,000 in November and the unemployment rate held steady at 3.7%.
Nov 30 2022
Joint Economic Committee Report: Expanded Child Tax Credit Drove Largest-Ever Drop in Child Poverty
CTC lifted 5.3 million people, including 2.9 million children, out of poverty in 2021
Nov 10 2022
JEC Chairman on October CPI Release
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 that Consumer Price Index (CPI) inflation held steady at 0.4% on a seasonally adjusted basis and annual inflation slowed to 7.7% in October, down from 8.2% in September. Core inflation, which excludes volatile food and energy prices, decelerated to 0.3%, down from 0.6% in September.
Nov 04 2022
JEC Chairman Beyer on October Jobs Report
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 261,000 in October and the unemployment rate increased to 3.7%.
Nov 04 2022
JEC Chairman Beyer on October Jobs Report
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 261,000 in October and the unemployment rate increased to 3.7%.
Oct 27 2022
JEC Chairman Beyer on Third Quarter GDP Growth
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 third quarter gross domestic product (GDP) expanded 2.6% on an annualized basis.
Latinas remain overrepresented in low-wage occupations and are more affected by the gender wage gap than any other major racial or ethnic group in the U.S. labor market
Oct 13 2022
JEC Chairman on September CPI Release
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 that the September Consumer Price Index reading was up 0.4% over the last month on a seasonally adjusted basis, and core inflation, which excludes volatile food and energy prices, was up 0.6% for the second consecutive month. Annual inflation slowed to 8.2% from 8.3% in August.
