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Jason Furman is the Chairman of the Council of Economic Advisers. Prior to this role, he served as Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council. From 2007 to 2008 Furman was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institute. Previously, he served as a Staff Economist at the Council of Economic Advisers, a Special Assistant to the President for Economic Policy at the National Economic Council under President Clinton and Senior Adviser to the Chief Economist and Senior Vice President of the World Bank. Furman was the Economic Policy Director for Obama for America.
Furman, who earned his Ph.D. in economics and a M.A. in government from Harvard University and a M.Sc. in economics from the London School of Economics, has also served as Visiting Scholar at NYU’s Wagner Graduate School of Public Service, a visiting lecturer at Yale and Columbia Universities, and a Senior Fellow at the Center on Budget and Policy Priorities. He has conducted research in a wide range of areas, including fiscal policy, tax policy, health economics, Social Security, and monetary policy. In addition to numerous articles in scholarly journals and periodicals, Furman is the editor of several books on economic policy, including Path to Prosperity and Who Has the Cure.
Jason Furman's Posts
- June 25, 2014 at 8:30 AM EST
First-quarter GDP was revised down today, largely reflecting a re-estimation of consumer spending on health care, which was substantially lower than originally reported, as well as exports, which were below the initial estimates.
- June 6, 2014 at 8:30 AM EST
Job growth exceeded 200,000 for the fourth straight month in May, and businesses have now added over a million jobs so far this year.
- May 29, 2014 at 9:19 AM EST
This GDP revision was due almost entirely to a downward revision to the inventories category, with small upward revisions to consumer spending and business fixed investment being offset by small downward revisions to net exports and state and local purchases. A range of more up-to-date data from March and April provide a more accurate and timely picture of where the economy is today.
- May 2, 2014 at 8:26 AM EST
Employment growth was solid in April, as businesses added jobs for the 50th consecutive month, and the unemployment rate fell.
- April 30, 2014 at 8:58 AM EST
Today’s GDP estimate is subject to a number of notable influences, including historically severe winter weather, which temporarily lowered growth in the first quarter. The report also shows the positive impact of the implementation of the Affordable Care Act which, together with continued slowing in health costs, helped strengthen the economy in the first quarter.
- April 4, 2014 at 8:39 AM EST
The latest report from the Bureau of Labor statistics shows that total nonfarm payroll employment rose by 192,000 in March. The private sector has now added 8.9 million jobs over 49 straight months of job growth.
- March 7, 2014 at 9:38 AM EST
February 2014 was the 48th straight month of private-sector job growth, with businesses adding 8.7 million jobs over that time. Despite a major snowstorm that hit the east coast during the reference week for the labor market surveys, the rate of job growth picked up from the December and January pace.
- February 17, 2014 at 1:00 PM EST
The final report on the Recovery Act's effects shows the Act had a substantial positive impact on the economy, helped to avert a second Great Depression, and made targeted investments that will pay dividends long after the Act has fully phased out.
- February 7, 2014 at 9:30 AM EST
The private sector has added 8.5 million jobs in 47 consecutive months of job growth. Total nonfarm payroll employment rose by 113,000 in January 2014.
- February 6, 2014 at 12:47 PM EST
Six ways the ACA is helping the labor market, laying the foundation for future economic growth, and improving families’ financial security and well-being.