May: Scott Statement on Jobs Report
WASHINGTON – Ranking Member Robert C. “Bobby” Scott (VA-03) issued the following statement today after the Bureau of Labor Statistics announced that during the month of May, the economy added 38,000 jobs and the unemployment rate dropped to 4.7 percent:
“Today’s job report represents the 75th consecutive month of private sector job growth. This extends the longest streak of job growth on record, which was previously set in April 2000 at 51 months. However, considering the drop off from previous months, May’s numbers are concerning and more must be done to ensure that this historic economic growth reaches every community in America.
“Towards that goal, this past month the Department of Labor put forth its final rule to update overtime protections for workers –ensuring workers are paid a fair day’s pay for a hard day’s work. This proposal will directly benefit millions of workers by increasing wages and guaranteeing that workers get much-deserved compensation for every hour they spend on the job.
“Next week we will address the new overtime rule at a Committee hearing, and I stand ready to join with other Committee Democrats in highlighting the many ways this updated rule will benefit our nation’s working families. The overtime rule will give millions of hardworking Americans the overtime pay they have earned, and this boost in wages will also aide our nation’s continued economic recovery.”
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