White House Profile
Jason Furman
Jason Furman is the Chairman of the Council of Economic Advisers

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

  • Advance Estimate of GDP for the Second Quarter of 2014

    Economic growth in the second quarter was strong, consistent with the recent further improvement in the labor market and other indicators.

  • The Employment Situation in June

    The 1.4 million jobs added in the first half of this year are the most in any first half since 1999.

  • Third Estimate of GDP for the First Quarter of 2014

    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.

  • Jobs

    The Employment Situation in May

    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.

  • Second Estimate of GDP for the First Quarter of 2014

    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.

  • Jobs

    The Employment Situation in April

    Employment growth was solid in April, as businesses added jobs for the 50th consecutive month, and the unemployment rate fell.

  • Economy

    Advance Estimate of GDP for the First Quarter of 2014

    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.

  • The Employment Situation in March

    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.

  • Jobs

    The Employment Situation in February

    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.

  • The Fifth Anniversary of the American Recovery and Reinvestment Act

    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.

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