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U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the announcement from the Bureau of Economic Analysis that Gross Domestic Product grew by 2.5 percent in the third quarter of 2011.
Today, the U.S. Congress Joint Economic Committee (JEC) released the October 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. This report shows that despite an improvement in the national employment report, only 22 states saw an expansion in their private-sector employment in September with three states, Texas, Florida and California, accounting for over half of the private-sector gains.
The U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), today released a report detailing the negative impact of trade on vulnerable sectors of the workforce. The report entitled, “Nowhere to Go: Geographic and Occupational Immobility and Free Trade,” shows that trade-displaced workers, who tend to be older and less-educated than other workers, find it more difficult to move to other regions of the country or to other occupations.
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 jobs report showing that the unemployment rate held at 9.1 percent and 103,000 total nonfarm jobs were added.
Today, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), heard testimony from the Honorable Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System. The hearing focused on the economic challenges facing the country and what Congress and the Federal Reserve can do to strengthen the economy and promote job creation.

Sep 20 2011

JEC Releases New Report on Trade Adjustment Assistance

New Report Details Benefits of TAA and Extension of Program

Today, the U.S. Congress Joint Economic Committee (JEC), released a new report that highlights the vital role Trade Adjustment Assistance plays in helping workers displaced by trade build skills and find new jobs. The report entitled, “The Importance of Trade Adjustment Assistance (TAA) for America’s Workers,” shows that the program effectively helps workers harmed by import competition and that those who receive assistance find lasting employment relationships.
Today, the U.S. Congress Joint Economic Committee (JEC) released the September 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows that 19 states and the District of Columbia added jobs in the private sector in August, down from July, when 42 states and the District of Columbia posted private-sector job gains.