Statements Archive
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Statement by Chad Stone, Chief Economist, on the April Employment Report
May 3, 2013
Today’s jobs report shows that labor markets still bear the scars of the Great Recession despite 38 straight months of private-sector job growth and a drop in the unemployment rate from 7.9 percent to 7.5 percent since January. Unemployment remains stubbornly high and many people who would likely have a … -
Statement by Robert Greenstein, President, on President Obama’s FY 2014 Budget
April 10, 2013
President Obama’s budget includes a $1.8 trillion deficit reduction package that reflects his last offer to Speaker Boehner during their budget talks in December. The new budget — like the President’s offer — represents a substantial compromise on the President’s part; compared to the President’s original offer to the … -
Statement by Chad Stone, Chief Economist, on the March Employment Report
April 5, 2013
Today’s jobs report, with disappointing job growth and a large drop in the labor force, shows that a robust jobs recovery remains elusive. That situation won’t likely improve in coming months as the sequestration budget cuts begin to slow the economic recovery and make it harder … -
Statement by Robert Greenstein, President, On Unifying the District of Columbia’s Health Insurance Marketplace
March 19, 2013
“The DC Health Benefits Exchange Board’s recent decision to move to a unified health insurance market over the next two years will make it easier for small businesses to give their employees quality, affordable health insurance. “Starting in 2014, under the Affordable Care … -
Statement by Robert Greenstein, President, On Chairman Ryan’s Budget Plan
March 12, 2013
When House Budget Committee Chairman Paul Ryan released his previous budget last year, I wrote that for most of the past half century, its extreme nature would have put it outside the bounds of mainstream discussion. It was, I wrote, “Robin Hood in reverse — on … -
Statement by Chad Stone, Chief Economist, on the January Employment Report
February 1, 2013
Employers continued to add jobs in January (see chart), but the economy must grow faster to bring unemployment down more quickly. Instead, the recovery apparently has hit a soft patch, and both growth and job creation could slow further if policymakers let the automatic across-the-board … -
Statement by Chad Stone, Chief Economist, on the December Employment Report
January 4, 2013
The economy added private sector jobs for the 34th straight month in December, but a robust recovery remains elusive, long-term unemployment remains very high (see chart), and threats to the economy from misguided policies in Washington remain significant. Policymakers appropriately renewed …
