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Democratic News

From Chairman
Don Beyer
U.S. Congressman (D-VA)
November 10, 2022
JEC Chairman on October CPI Release
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that Consumer Price Index (CPI) inflation held steady at 0.4% on a seasonally a...
November 4, 2022
JEC Chairman Beyer on October Jobs Report
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 261,000 in October an...
October 27, 2022
JEC Chairman Beyer on Third Quarter GDP Growth
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of third quarter gross domestic product (GDP...
October 14, 2022
JEC, CHC Release Report Highlighting Economic Contributions of Latina Worke...
Latinas remain overrepresented in low-wage occupations and are more affected by the gender wage gap than any other major racial or ethnic group in the U.S. labor market

Republican News

From Ranking Member
Mike Lee
U.S. Senator (R-UT)
November 10, 2022
State Inflation Tracker: October 2022
Americans are facing the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families. Each month coinciding with the Bureau of Labor Statistics’ release of the Consumer Price Index...
November 4, 2022
Ranking Member Mike Lee on October Jobs Report
WASHINGTON—Senator Mike Lee (R-UT), Ranking Member of the Joint Economic Committee, made the following statement after the Bureau of Labor Statistics announced that the economy added 261,000 jobs in October:
October 27, 2022
Ranking Member Lee on Third Quarter GDP Report
WASHINGTON—Ranking Member Mike Lee (R-UT) released the following statement on the Bureau of Economic Analysis GDP estimate for the third quarter of 2022.
October 7, 2022
Ranking Member Mike Lee on September Jobs Report
WASHINGTON—Senator Mike Lee (R-UT), Ranking Member of the Joint Economic Committee, made the following statement after the Bureau of Labor Statistics announced that the economy added 263,000 jobs in September:

State Unemployment Data

Latest Economic Data

Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter.
The latest data released by the Department of Labor show that the four-week moving average for unemployment claims fell to the lowest level since 1970. The number of new filings for unemployment insurance benefits was 244,000 for the week ending July 9. The four-week moving average, which smooths week-to-week volatility in the data, is 235,750, down 72% since President Biden took office.