Council of Economic Advisers Blog

Follow along live as President Obama travels to New Orleans to meet with the Mayor and residents who have rebuilt their lives since the storm.

In honor of Social Security's 80th birthday, we show a few ways that it provides protection against life’s many uncertainties.

The economy added 215,000 jobs in July, while the unemployment rate held steady at 5.3 percent—its lowest level since 2008. Over the past two years, our economy created 5.7 million jobs, the strongest two-year job growth since 2000. And our businesses have created 13.0 million jobs over the past 65 straight months, extending the longest streak on record.

A report from the Department of Treasury, Council of Economic Advisers, and the Department of Labor explores the rise in occupational licensing and its important consequences for our economy.

The economy added 223,000 jobs in June as the unemployment rate fell to 5.3 percent. Our economy has now added 5.6 million jobs over the past two years, the strongest two-year job growth since 2000.

Real GDP for the first quarter was revised up, reflecting slightly higher growth than previously estimated.

Since the Affordable Care Act's major coverage provisions took effect at the end of 2014, the Nation has seen the sharpest reduction in the uninsured rate since the decade following the creation of Medicare and Medicaid in 1965, and the Nation’s uninsured rate is now at its lowest level ever.

The economy added 223,000 jobs in April as the unemployment rate fell to 5.4 percent—the lowest since May 2008—and the participation rate ticked up.

Economic growth in the first quarter was restrained by factors including tepid foreign demand and harsh winter weather. At the same time, households saved most of their gains from low energy prices, Over the past four quarters, the most persistent and stable components of GDP — consumption and fixed investment — have grown 3.3 percent. This trend complements the strong pace of job growth and unemployment reduction over the last year.

Creating good jobs at good wages is central to the President’s strategy of middle-class economics. Trade is an integral component of that strategy. Here’s why.

The Affordable Care Act is generating major benefits for our economy by expanding access to affordable insurance coverage and reforming our health care delivery system to reduce costs and improve quality.

Yesterday marked the fifth anniversary of the Affordable Care Act. Over the five years since the law passed, our health care system has seen considerable progress. Continuing the ACA's progress on delivery system reform is an economic imperative.

With another strong employment report released this morning, we have now seen twelve straight months of private-sector job gains above 200,000 -- the first time that has happened since 1977.