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Joint Economic Committee Democrats

Press Center

Dec 16 2015

Maloney: Fed Action Reflects Solid Economy

Ranking Member Maloney: “This rate increase, after six years of a zero percent interest rate, underscores just how far the economy has come from the depths of the Great Recession and reflects confidence that the objectives of maximum employment and price stability will be achieved."

Dec 04 2015

Maloney Hails November Jobs Report

“Today’s job report reinforces the stability of our economy, after seven long years digging ourselves out of the Bush-era recession. The fact that the Federal Reserve is even considering raising short-term interest rates for the first time in almost a decade is indication itself that President Obama’s economic policies have been a success.”

Dec 03 2015

Maloney: Don’t Hamstring the Fed

Ranking Member Carolyn B. Maloney criticized Republican efforts to hamstring the Federal Reserve's ability to independently conduct monetary policy.

Nov 24 2015

October Economic Data Show Employment Up in 42 States

Average Hourly EArnings Up in 47 States Over Past Year

Ranking Member Maloney said Monday a Democratic analysis of the economic recovery in all 50 states shows that private-sector employment rose in 42 states and the District of Columbia in October while the unemployment rate declined in 32 states and the District of Columbia. The state-by-state findings, released each month, also show that average hourly earnings, adjusted for inflation, increased in 47 states over the past year.

Nov 18 2015

Maloney Urges Proactive Policies to Help Millennials Succeed

“The challenges facing Millennials are real, but the solutions exist,” Ranking Member Maloney said. “Our job is to help chart the course forward… It’s not enough to block destructive actions that hurt Millennials. We must focus on targeted actions that will help them.”

Nov 10 2015

Post-9/11 Veterans’ Unemployment Rate Cut in Half

American veterans who served after September 11, 2001, experienced a 50 percent drop in their unemployment rate over the past four years, but the youngest among them still struggle with high unemployment, poverty and homelessness, a

Nov 06 2015

Maloney: October Jobs Report Shows Strong Growth

“October marked the 68th straight month of private-sector job gains – the longest growth streak on record. This is no small feat, given the economy President Obama inherited in 2009,” Ranking Member Maloney said. “Today’s report provides ample reassurance that the economy is still advancing and the labor market continues to strengthen."