The JEC released a new report highlighting how the gun industry is profiting off of gun violence.
Jul 28 2022
JEC Chairman Beyer on Second Quarter GDP Release
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 second quarter gross domestic product (GDP) contracting 0.9%.
Jul 22 2022
CNBC: The cost of gun violence in America
CNBC’s Ylan Mui joins Shep Smith to report on the economic toll of gun violence in the United States. Medical bills alone can top $1billion a year.
Along with the incalculable toll on victims and their families, gun violence in the U.S. also exacts another heavy cost: More than $1 billion a year in medical bills.
Chairman Don Beyer's opening statement on the Economic Toll of Gun Violence
Jul 13 2022
JEC Chairman Beyer on June 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 June Consumer Price Index increased 1.3% on a seasonally adjusted basis, up from 1.0% in May, which pushed prices up 9.1% from a year ago.
Jul 08 2022
JEC Chairman Beyer on June 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 372,000 in June and the unemployment rate was 3.6%
Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), released the annual response to the Economic Report of the President (the Report).
A recent study from the congressional joint Economic Committee found union members earn on average 10% more than their non-union peers. The difference is even greater for Black and Latino unionized workers, whose wages were 17% and 23% higher on average.
Workers in a union are paid over 10% more than non-union workers, according to a report authored by US House labor and economic committee Democrats.