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    Fiscal Cliff and the Economy

    Witnesses testified on the effects of the “fiscal cliff” on the U.S. economy and the middle class, with a focus on sustaining long-term economic growth, reducing U.S. debt, and…

    485 views
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    U.S. Economic Outlook

    Ben Bernanke testified about the state of the U.S. economy. In addressing the rise in unemployment and slow job growth during May 2012, he said the causes were unclear and did not…

    3,339 views
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    January Unemployment Numbers

    John Galvin and Thomas Nardone testified about the most recent report on unemployment. The unemployment rate dropped from 8.5 percent to 8.3, the lowest in nearly three years.

    739 views
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    October Unemployment Report, Part 2

    Keith Hall testified about the most recent report on unemployment. The unemployment rate dropped from 9.1 to 9 percent, the first decrease since July 2011, and 80,000 new jobs were…

    142 views
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    October Unemployment Report, Part 1

    Keith Hall testified about the most recent report on unemployment. The unemployment rate dropped to 9 percent, the first decrease since July 2011, and 80,000 new jobs were created.

    467 views
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    U.S. Economic Outlook and Monetary Policy

    Ben Bernanke testified on the U.S. economic outlook. Among his comments he said the economic recovery was close to faltering. He said the Federal Reserve was prepared to take…

    4,325 views
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    U.S. Trade Policy and Offshore Jobs

    Witnesses testified about global trade strategy and job creation. Among the topics they addressed were the state of international trade competition, pending free trade agreements with…

    471 views
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    Federal Debt and U.S. Economy

    Witnesses testified about the impact of the public debt on the U.S. economy. They focused on the challenges of creating jobs in a harsh economic environment and disagreed on the route…

    1,082 views
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    July 2011 Employment Statistics

    Commissioner Keith Hall testified about the latest report on unemployment statistics. The report showed the unemployment rate fell slightly to 9.1 percent from 9.2 percent in…

    370 views
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    U.S. Manufacturing Policy

    Witnesses spoke about sustaining recent U.S. manufacturing growth. Some of the ideas include changing the corporate tax structure and removing uncertainty from the American…

    558 views
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    U.S. and Global Economic Growth

    The Joint Economic Committee held a hearing on economic growth in the U.S. and other countries through federal spending and debt reduction. Witnesses also talked about a report by…

    4,849 views
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    April Employment Numbers

    Keith Hall testified about the most recent report on unemployment. The unemployment rate rose from 8.8 to 9 percent. Non-farm payrolls grew by 244,000 for the third consecutive…

    904 views
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    March Employment Report

    Keith Hall testified about March’s employment report. The nation’s unemployment rate fell to 8.8 percent in March and the U.S. added 216,000 jobs overall. The rate…

    174 views
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    JEC Hearing on Reauthorizing the Payroll Tax Cut

      Dr. Mark M. Zandi, Chief Economist              Moody’s Analytics