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 216,000 in December and the unemployment rate was unchanged at 3.7%. The unemployment rate was 5.2% for Black workers, 5.0% for Hispanic workers, 3.5% for white workers, 3.1% for Asian workers, and 5.9% (not seasonally adjusted) for American Indian and Alaska Native workers.

Washington, D.C.— Today, Joint Economic Committee Chairman Martin Heinrich (D-NM) and the JEC Democrats released a new analysis finding that the national average wages and salaries grew by nearly $15,000 between January 2021 and October 2023, which outpaces price growth during that period by over $3,500.

Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC) and the Joint Economic Committee Democrats released a new report titled, “Climate Risks are Already Destabilizing Insurance Markets and Threatening Americans’ Financial Security.” The report highlights the impact that climate change is already having on the financial well-being of individual American families, public and private insurance markets, local governments, and the broader financial sector.

Washington, D.C.— Hoy, los demócratas del Comité Económico Conjunto del Congreso de los Estados Unidos publicaron un nuevo informe que describe cómo la inversión de energía renovable de Puerto Rico puede apoyar el crecimiento económico en la isla. El Congreso ha asignado $12 mil millones de dólares en fondos de ayuda para reconstruir el sistema energético de Puerto Rico, incluyendo la modernización de la red eléctrica, en respuesta a la destrucción causada por múltiples desastres naturales recientes. El informe sostiene que estos fondos ofrecen una oportunidad de inversión en una red moderna.