Weak U.S. Dollar Adds 56.5¢ to Every Gallon of Gasoline
Washington, DC --A weak U.S. dollar due to the Federal Reserve's unprecedented pumping of dollars into the American economy is adding 56 and a half cents* to the price of every gallon of gasoline, according to a new study by the Joint Economic Committee Republican staff.
Rep. Brady questions BLS Commissioner Hall on the jump in the April unemployment rate at JEC hearing
Vice Chairman Brady during his first round of questions at the April Employment JEC hearing questions Commissioner Hall on the effect of discouraged workers in the labor force and the rise in recent jobless claims.
Rep. Burgess first round of questions at the JEC April Employment Report Hearing
Rep. Burgess questions Commissioner Hall on the recent employment situation and details of the mining and construction industries.
Vice Chairman Brady Gives Opening Statement at JEC Hearing on the April Employment Report
Vice Chairman Brady's opening statement at the Joint Economic Committee's hearing on the April Employment Report.
Rep. Burgess Gives His Opening Statement at the JEC April Employment Hearing
Rep. Burgess in his opening statement at the JEC hearing on the April Employment situation on the unemployment data, effective job growth policies and current housing market conditions.
Rep. Burgess questions Commissioner Hall on economic impact recent flooding in south on employment
Rep. Burgess questions Commissioner Hall on the possible effect the flooding in the south will have on non farm payroll jobs next month.
Unemployment Rate Rises in Exceptionally Weak Recovery
Washington, DC -- Following on the heels of a disappointing first quarter economic report, the unemployment rate rose back up to 9 percent in April. The nation also experienced a significant rise in the number of workers recently unemployed, which confirms yesterday's report of a large jump in initi...
Hearing Announcement: The Employment Situation: March 2011
A hearing before the Joint Economic Committee will be held on Friday, April 1, 2011, at 9:30 a.m., in room 106 of the Dirksen Senate Office Building. Witness Dr. Keith Hall, Commissioner, Bureau of Labor Statistics, U. S. Department of Labor in Washington, DC will be testifying.
Caution Lights Flashing for the Obama Recovery
Washington, D.C – America’s economy slowed to a sluggish 1.8 percent annual growth rate in the first quarter of 2011 according to data released today by the Bureau of Economic Statistics. The figure fell significantly below the pre-announcement market expectation of 2.6 percent growth and reflects a...
Rep. Mulvaney' s Floor Speech on Negative Effect of Raising Taxes
Rep. Mulvaney, a JEC member, delivers floor speech during JEC budget debate on how raising taxes will not result in more revenue for the federal government.
