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Joint Economic Committee Democrats

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Nov 13 2013

With Budget Talks Underway, Klobuchar Outlines Economic Priorities in JEC Hearing with Jason Furman, Chairman of the Council of Economic Advisors

Klobuchar calls for renewed commitment to bipartisanship in promoting responsible budget solutions, deficit reduction; urges critical investments in workforce training, export promotion and infrastructure

WASHINGTON, D.C. - U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), outlined her economic priorities going into the Senate’s budget discussions during a hearing today with Jason Furman, Chair of the Council of Economic Advisors (CEA). Klobuchar called for an end to the political brinksmanship that led to the government shutdown in October, stressing the need for bipartisan solutions to boost the economy and promote job creation while laying the groundwork for sustainable growth and deficit reduction.

Nov 08 2013

Statement from JEC Vice Chair Klobuchar on October 2013 Employment Report

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ October 2013 jobs report showing that 204,000 total nonfarm jobs were added and the unemployment rate ticked up from 7.2% to 7.3%:

Nov 05 2013

Klobuchar Releases New Report Outlining Economic Consequences of Anti-LGBT Workplace Discrimination

Turnover due to workplace discrimination costs employers $64 billion every year; more than one in five LGBT employees have experienced workplace discrimination

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar, Vice Chair of the U.S. Congress Joint Economic Committee, today released a new report outlining the economic consequences of anti-LGBT discrimination in the workplace. The report shows that more than one in five LGBT employees have experienced workplace discrimination, and that turnover due to various kinds of workplace discrimination costs employers $64 billion every year. Klobuchar called for swift passage of the Employment Non-Discrimination Act (ENDA), which would make it illegal for employers to base hiring and firing decisions on a person’s sexual orientation or gender identity.

Oct 22 2013

Statement from JEC Vice Chair Klobuchar on September 2013 Employment Report

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ September 2013 jobs report showing that 148,000 total nonfarm jobs were added and the unemployment rate dropped from 7.3% to 7.2%:

Oct 09 2013

Klobuchar Releases New Report Examining Economic Fallout of Government Shutdown

Shutdown threatens recovering housing market, tourism sector, small business lending, and agriculture; Stokes fresh uncertainty surrounding debt ceiling negotiations

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the economic fallout of the federal government shutdown that began on October 1st. Klobuchar’s report shows that the shutdown has created significant economic headwinds for the U.S. economy, threatening the recovering housing market, the tourism sector, small business lending and agriculture while generating more uncertainty regarding the ongoing debt ceiling debate.

Sep 26 2013

With Current Farm Bill Expiring Tuesday, Klobuchar Releases New Report Showing U.S. Agricultural Exports Play Key Role in U.S. Economy

Klobuchar calls on the House to work with the Senate to pass a long-term bill to ensure this growth continues

WASHINGTON, D.C. – With the current Farm Bill expiring on Tuesday, October 1st, U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the increasingly important role of agricultural exports in the U.S. economy.

Sep 18 2013

Klobuchar Releases Report, Holds Hearing Examining Economic Impact of Debt Ceiling Brinksmanship

Report shows delay in raising the debt ceiling could cause consumer confidence to plummet and interest rates to rise on everything from credit cards and home mortgages to borrowing costs for businesses

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the economic consequences of brinksmanship over the debt ceiling. Drawing on events from the 2011 debt ceiling impasse, the report suggests that the mere prospect of a default has the potential to roil global markets and cause interest rates to rise on everything from home mortgages and credit cards to borrowing costs for businesses.

Sep 06 2013

Statement from JEC Vice Chair Klobuchar on August 2013 Employment Report

WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics’ August 2013 jobs report showing that 169,000 total nonfarm jobs were added and the unemployment rate ticked down from 7.4% to 7.3%: