News


PRESS RELEASE: STATEMENT: AUGUST JOB NUMBERS CONFIRM NEED FOR BUILD BACK BETTER JOB-CREATING INVESTMENTS

Employers added 235,000 workers in August, according to the jobs report released today by the Bureau of Labor Statistics. The economy has created jobs every month of the Biden administration and has created more jobs in his first seven months than any president in history, but the August report shows more investment is urgently needed to bring America back to its full economic power.



PRESS RELEASE: STATEMENT: JOBLESS CLAIMS REACH 18-MONTH LOW, BUT BUILD BACK BETTER INVESTMENTS STILL NEEDED TO REACH FULL ECONOMIC STRENGTH

Jobless claims fell by 14,000 to a new pandemic low, as 340,000 Americans filed for unemployment benefits, according to the latest data from the Bureau of Labor Statistics. The drop in unemployment claims continues the downward trend observed since the passage of the American Rescue Plan, which helped Americans get vaccinated and back to work. However, Americans are still counting on the passage of both the Bipartisan Infrastructure Deal and the Build Back Better agenda to create millions of jobs and strengthen the economy.


PRESS RELEASE: NEW POLL: VOTERS OVERWHELMINGLY SUPPORT BUILD BACK BETTER AGENDA, WANT WEALTHY CORPORATIONS TO PAY THEIR FAIR SHARE 

A large bipartisan majority of voters support both the Bipartisan Infrastructure Deal and the Build Back Better agenda, with 69% supporting the former and 61% of voters supporting the passage of the latter through reconciliation, according to a new poll released today by Invest in America and Data For Progress. Moreover, voters support keeping the Build Back Better agenda together in the budget reconciliation plan. The poll also found that a significant majority of voters, including 64% of Independents, believe that the U.S. should make wealthy and large corporations pay their fair share to fund the public investments in the Build Back Better agenda. 


ICYMI: BUSINESS INSIDER: INFLATION IS COOLING OFF JUST AS ECONOMISTS, THE FED, AND BIDEN EXPECTED

On Friday, the U.S. Commerce Department reported that its Personal Consumption Expenditures price index — one of the most common measures of inflation — rose by 0.4% in July, reflecting a slowdown from June’s inflation rate, according to Business Insider. The data confirms economists’ belief that current inflation is transitory and largely due to increased demand and supply-chain challenges experienced during the reopening of the economy.


INVEST IN AMERICA WEEKLY ROUNDUP

Invest in America launched a new digital ad, “Popular,” which highlights the widespread popularity of the Build Back Better agenda and its critical investments in child care, caregiving, education, climate change action, and more. The digital ad features public polling that shows Americans want to see big investments in initiatives in addition to physical infrastructure in order to create jobs, lower costs, and cut taxes for middle-class families. Watch the digital ad here.


PRESS RELEASE: STATEMENT: JOBLESS CLAIMS TICK SLIGHTLY UPWARD, SHOWING THAT BUILD BACK BETTER INVESTMENTS NEEDED TO BOOST ECONOMY

Jobless claims inched slightly upward, as 353,000 Americans filed for unemployment benefits, according to the latest data from the Bureau of Labor Statistics. Americans are counting on the passage of both the Bipartisan Infrastructure Framework and the Build Back Better agenda to create millions of jobs, allow more people to return to the workforce, and strengthen the economy.




Load More