May 30 2023
Economic Update - May 30, 2023
May 22 2023
Economic Update - May 22, 2023
Each month, the Bureau of Labor Statistics (BLS) releases national and state-level data on U.S. employment, which provide useful information about the state of the labor market and progress toward building a better America. See April's state jobs data here.
May 15 2023
Economic Update - May 15, 2023
May 11 2023
The GOP’s Reckless DOA Act Would Threaten Green Energy Jobs, Increase Emissions, and Harm the Planet
The clean energy tax credits in the Inflation Reduction Act served as a green light for companies to invest billions in clean energy technologies across the country. These investments can lead to millions of jobs and billions of dollars for local and state economies, all while helping the United States cut emissions and fight climate change.
The Republicans’ Default on America Act (DOA) would roll back these tax credits, directly undercutting this recent wave of investment and threatening already announced jobs across the country. It would also repeal key programs that fight pollution and cut spending on the environment across the board. This bill threatens American jobs and the health of our environment.
The Republicans’ Default on America Act (DOA) would roll back these tax credits, directly undercutting this recent wave of investment and threatening already announced jobs across the country. It would also repeal key programs that fight pollution and cut spending on the environment across the board. This bill threatens American jobs and the health of our environment.
Economic research consistently shows that immigration helps grow the economy, sustain federal budgets, and can keep down prices. Unfortunately, America’s broken immigration system and failed policies have undercut the potential for these benefits and, instead, caused the problematic immigration patterns we are seeing today.
May 08 2023
Economic Update - May 8, 2023
Republicans have now pushed the United States to within one month of a catastrophic and unprecedented default on the nation’s existing obligations. Instead of passing a clean debt limit bill to avert this crisis, their continued threats to cause a default could trigger a massive recession that would cost 8.3 million Americans their jobs.
The longer the GOP delays in paying our bills, the more likely they are to drive up the cost of mortgages and threaten people’s retirement savings. The debt ceiling is not a bargaining chip, and Congress must act to cover existing obligations before the American people start to pay the cost of a default crisis.
The longer the GOP delays in paying our bills, the more likely they are to drive up the cost of mortgages and threaten people’s retirement savings. The debt ceiling is not a bargaining chip, and Congress must act to cover existing obligations before the American people start to pay the cost of a default crisis.