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09/05/2008
Sen. Schumer Reacts to Bleak August Jobs Report
“If there is a bright spot in today’s bleak jobs news, it is that we only have 4 jobs reports left before the Bush stewardship of this economy is finished. The White House and Republicans in Congress need to join us in passing additional measures to shore up this economy and give American families an opportunity to prosper.”
“For eight straight months, over 600,000 jobs have disappeared under Bush's watch economy, and today the unemployment rate spiked to 6.1 percent. These job losses and the weak economy are taking their toll on American families across the nation – from manufacturing and industrial regions to high-tech and farming states – making it harder for families to get ahead.” – Sen. Schumer
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08/26/2008
Troubling New Data On U.S. Household Incomes, Health Care Coverage, And Poverty Indicate Families Continue To Experience Tough Economic Times
U.S. Senator Charles E. Schumer and Representative Carolyn B. Maloney, Chairman and Vice-Chair of the Joint Economic Committee (JEC) released statements in reaction to today’s troubling new data from the U.S. Census Bureau on household incomes, health care coverage, and poverty. While wages have risen slightly from 2006 to 2007 and fewer families are without health insurance coverage, over 30 million Americans are still living in poverty. More importantly, in the last seven years, the vast majority of Americans’ incomes are down, more families are going without health insurance, and millions more are living in poverty.
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08/14/2008
Schumer: White House Would Get 4 Gold Medals Today in 'Bad Economic Policy' Olympics
U.S. Senator Charles E. Schumer, Chairman of the Joint Economic Committee, released the following statement in reaction to a slew of dismal economic news today including inflation, wages, jobless claims, and foreclosures:
"If this administration were competing in the ‘bad economic policy’ Olympics, they'd receive four gold medals today. Inflation jumped for the third straight month, weekly paychecks are smaller, more workers are filing jobless claims, and home foreclosures continue to put more families on the economic edge. It is long past time for this administration to help families and workers compete in a stagnating economic environment -- economic stimulus should be at the top of the agenda before this administration throws in the towel."
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08/01/2008
New Economic Snapshots Show American Families Are Being Squeezed
Today, the Joint Economic Committee released a series of snapshots that examines the impact of the worsening economy on women, Hispanics, Americans nearing retirement, African-Americans, and young families. Each snapshot examines the current housing, jobs, wages, health care, and poverty data and their impact on these individual groups. In addition you can find state-by-state economic snapshots on our website that were also recently updated.
Joint Economic Committee
