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 2.8 percent annual rate in the fourth-quarter of 2011.
Today, the U.S. Congress Joint Economic Committee (JEC) released the January 2012 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month.
Jan 24 2012
JEC Releases New Report on Economic Impact of the Payroll Tax Cut and Federal UI Benefits
As the Payroll Tax Cut Conference Committee meets for the first time today, the U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), released a new report highlighting the critical role the payroll tax cut and unemployment insurance benefits play in sustaining the economic recovery.
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’ December 2011 jobs report showing that the unemployment rate decreased to 8.5 percent and 200,000 total nonfarm jobs were added:
Today, the U.S. Congress Joint Economic Committee (JEC) released the December 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows broad private-sector job creation in November, with 3 of every 5 states experiencing gains. Nationally, 140,000 private-sector positions were added in November, after a gain of 117,000 private-sector jobs in October.
Dec 21 2011
JEC Releases 2011 Annual Report
Today, the U.S. Congress Joint Economic Committee (JEC), chaired by Senator Bob Casey (D-PA), released the 2011 Joint Economic Report, which provides an overview of the state of the U.S. economy during 2011.
A new report from the U.S. Congress Joint Economic Committee (JEC) finds that if federal UI benefits are allowed to expire, over 2 million long?term unemployed workers stand to lose their benefits in early 2012. That number could grow to 5 million before the end of 2012.
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 jobs report showing that the unemployment rate decreased to 8.6 percent and 120,000 total nonfarm jobs were added
Nov 29 2011
JEC Releases New Report on Payroll Tax Relief
WASHINGTON, D.C. – The U.S. Congress Joint Economic Committee (JEC), Chaired by Senator Bob Casey (D-PA), today released a report detailing the negative consequences for American workers and businesses if Congress fails to extend the payroll tax credit. The report entitled, “Supporting the Engines of Economic Growth: Payroll Tax Relief Supports Economic Recovery,” shows that economic growth would be severely hampered if the employee payroll tax cuts expire at the end of this year.
Washington, D.C.- Today, the U.S. Congress Joint Economic Committee (JEC) released the November 2011 edition of its state-by-state snapshots which detail each individual state’s economic progress for the previous month. The report shows widespread private-sector growth in October with states in each region experiencing gains.