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Dec 21 2012

JEC Chairman Casey Releases Report on Retirement Security After the Great Recession

Report Finds that Middle-Income and Middle-Aged Americans are Feeling the Squeeze

WASHINGTON D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee, today released a JEC report entitled “Retirement Security After the Great Recession: Middle-Income and Middle-Aged Americans Feeling the Squeeze.” The report analyzes the recession’s impact on retirement security and examines several policies to help working Americans adequately save for retirement.

Dec 18 2012

JEC Chairman Casey Releases 2012 Annual Report

Report Details Recovery in 2012, Warns of Possible Recession if No Resolution to Fiscal Cliff

WASHINGTON D.C. - U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee, today released the 2012 Joint Economic Report to provide an overview of the state of the U.S. economy in 2012 and assist policymakers as they deal with the fiscal cliff.

WASHINGTON D.C. - U.S. Senator Bob Casey, Chairman of the Joint Economic Committee (JEC), today released a JEC report examining the threat of international trade on service-industry jobs and the role that Trade Adjustment Assistance (TAA) plays in providing financial and job training assistance to affected workers. The report, entitled “Trade Adjustment Assistance: Helping Workers Harmed by Global Competition in the Market for Services” highlights the importance of an educated workforce to protect jobs and enhance economic growth.
WASHINGTON D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ November 2012 jobs report showing that 146,000 total nonfarm jobs were added and the unemployment rate declined to 7.7 percent:
WASHINGTON, D.C. - U.S. Senator Bob Casey, Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after presiding over a hearing entitled “Fiscal Cliff: How to Protect the Middle Class, Sustain Long-Term Economic Growth, and Reduce the Federal Deficit:”

Dec 04 2012

JEC Releases Payroll Tax Cut Fact Sheet

Tax Cut Supported Economic Recovery, Created Jobs and Bolstered the Social Security Trust Fund in 2012

WASHINGTON D.C. – Today, the U.S. Congress Joint Economic Committee released a fact sheet detailing the positive effect that the payroll tax cut had on the economy in 2012. The tax cut put about $1000 into the pocket of the average American family this year, which increased consumer spending, supported job growth, and bolstered the Social Security Trust Fund by increasing the number of employed Americans paying in to the system.
WASHINGTON, D.C. – Today, the U.S. Congress Joint Economic Committee (JEC) released the November edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows that more than two out of three states recorded private sector job gains in October and nationally, 184,000 private sector jobs were added.
WASHINGTON D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ October 2012 jobs report showing that 171,000 total nonfarm jobs were added and the unemployment rate was 7.9 percent:
WASHINGTON D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ September 2012 jobs report showing that 114,000 total nonfarm jobs were added and the unemployment rate dropped to 7.8 percent.
WASHINGTON D.C. – U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ August 2012 jobs report showing that the unemployment rate dropped slightly to 8.1 percent: