Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), 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 187,000 in July and the unemployment rate fell slightly to 3.5%. The unemployment rate was 5.8% for Black workers, 4.4% for Hispanic workers, 3.1% for white workers, 2.3% for Asian workers, and 6.7% (not seasonally adjusted) for American Indian and Alaska Native workers.??

Washington, D.C.—This week, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the annual response to the Economic Report of the President (the Report).

Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), issued the following statement in response to the Federal Reserve Open Market Committee’s decision to raise interest rates.

Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index increased only 0.2% in June compared with the 0.1% increase in May and the 0.4% increase in April. Data also show that annual prices grew only 3.0%, down sharply from the peak rate of 9.1% seen last June.