Ranking Member Scott Statement on April Jobs Report
WASHINGTON – Ranking Member Robert C. “Bobby” Scott (VA-03) released the following statement after the Bureau of Labor Statistics announced that the economy added 177,000 jobs in April, and the unemployment rate remained the same at 4.2 percent. During President Biden’s first 100 days in office, the economy created 1.7 million jobs. In President Trump’s first 100 days in office, he created less than half a million jobs, and the economy shrank at a rate of 0.3 percent. Under President Biden, the economy added 16.1 million jobs in total and did not have a single month of seasonally adjusted job loss during his entire term.
“Within the first 100 days of President Trump’s return to the White House, he has managed to destabilize a thriving economy that he inherited to an extent not seen since the height of the COVID-19 pandemic. The country’s strong economic recovery out of the pandemic was not guaranteed; it was a result of smart policy decisions made by Congressional Democrats and the Biden-Harris Administration that invested in workers and their families.
“Trump has demonstrated a disregard for the privacy and welfare of workers across the country, ushering in Elon Musk to fire tens of thousands of federal workers and harvest Americans’ private data. Trump’s so-called ‘Liberation Day’ imposed arbitrary and extreme tariffs on nearly every country in the world, including uninhabited islands. Americans watched as their investments and retirement savings drained out of their bank and retirement accounts while the stock market fluctuated wildly. The price of eggs continues to skyrocket, and many Americans are now relying on ‘buy now, pay later’ loans at their weekly grocery trip to keep food on the table.
“The first 100 days of this administration serve as a warning sign of the real consequences of Trump’s disastrous economic policies and Congressional Republicans’ failure to act. This week, Committee Republicans advanced a budget that would put the cost of attending college even further out of reach for millions of working families. Meanwhile, House Republicans in other committees are working to cut nutrition and health care programs for millions of Americans, further jeopardizing the well-being of families. The economic uncertainty we are seeing has been brought about solely by Trump’s economic decisions.”
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