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Jed Kolko

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Jed Kolko
Under Secretary of Commerce for Economic Affairs
In office
April 19, 2022 – February 2, 2024
PresidentJoe Biden
Preceded byKaren Dunn Kelley
Personal details
Born
Jed David Kolko
Spouse
Eric Rice
​
(m. 2008)​
EducationHarvard University (AB, PhD)

Jed David Kolko is an American economist who served as the Under Secretary of Commerce for Economic Affairs in the Biden administration.

Early life and education

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Kolko was raised in Rochester, New York.[1] He earned a Bachelor of Arts degree in social studies and a PhD in economics from Harvard University.[2]

Career

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Kolko began his career as vice president and research director of Forrester Research. From 2006 to 2011, he was the associate director of research at the Public Policy Institute of California. He was the chief economist and vice president of analytics for Trulia from 2011 to 2015, research advisor for Bloomberg Beta from 2015 to 2017, and an advisor at Orbital Insight from 2015 to 2019. Kolko has also been a senior fellow at the University of California, Berkeley Terner Center for Housing Innovation. He worked as the chief economist for Indeed from 2016 to 2022.[3] Kolko has been featured as an economic specialist on NPR, CNN, and MSNBC.[4][5]

Biden administration

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On September 13, 2021, President Joe Biden nominated Kolko to be Under Secretary of Commerce for Economic Affairs.[6] Hearings were held on Kolko's nomination in the Senate Commerce Committee on December 4, 2021. The committee favorably reported his nomination to the Senate floor on December 15, 2021. Kolko's initial nomination expired at the end of the year and was returned to President Biden on January 3, 2022.[7]

President Biden renominated Kolko the following day. On February 2, 2022, the committee favorably reported his nomination to the Senate floor. His nomination was confirmed by the entire Senate on April 7, 2022, via voice vote.[8] He was sworn in by Secretary of Commerce Gina Raimondo on April 19, 2022.[9]

Kolko resigned from his position in February 2024.[10]

Personal life

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Kolko married Eric Rice, also an economist, in 2008. They live in San Francisco.[11]

References

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  1. ^ Gardner, Kent (January 6, 2021). "Rochester natives Zupan and Kolko look to the future". Rochester Beacon. Retrieved October 4, 2021.
  2. ^ "Biden Announces Out Nominees for Futures Commission, Commerce". www.advocate.com. September 13, 2021. Retrieved October 4, 2021.
  3. ^ "Biden lays out picks for two top Commerce Department economic posts". Reuters. September 13, 2021. Retrieved October 4, 2021.
  4. ^ "Fewer Americans Are Moving To Pursue Better Jobs Across The Nation". NPR.org. Retrieved October 4, 2021.
  5. ^ "Jobs Friday: The Four Labor Markets : The Indicator from Planet Money". NPR.org. Retrieved October 4, 2021.
  6. ^ "President Biden Announces 10 Key Nominations". The White House. September 13, 2021. Retrieved March 18, 2022.
  7. ^ "PN1221 — Jed David Kolko — Department of Commerce 117th Congress (2021-2022)". US Congress. Retrieved March 18, 2022.
  8. ^ "PN1538 — Jed David Kolko — Department of Commerce 117th Congress (2021-2022)". US Congress. Retrieved March 18, 2022.
  9. ^ Raimondo, Gina [@SecRaimondo] (April 19, 2022). "Jed Kolko is an accomplished economist with the ability to transform data into research that is both accessible & actionable" (Tweet). Retrieved April 25, 2022 – via Twitter.
  10. ^ @JedKolko (February 1, 2024). "Personal jobs report! Tomorrow is my last day at @CommerceGov. I am so grateful to @POTUS and @SecRaimondo for the chance to serve as Under Secretary for Economic Affairs. My colleagues at Team OUSEA,@uscensusbureau, and @BEA_News inspired me every day. Thank you!" (Tweet) – via Twitter.
  11. ^ "Eric Rice, Jed Kolko". The New York Times. October 25, 2008. ISSN 0362-4331. Retrieved October 4, 2021.
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