10.05.18

Scott Statement on September Jobs Report

WASHINGTON – Ranking Member Bobby Scott (VA-03) issued the following statement after the Bureau of Labor Statistics announced that the economy added 134,000 jobs in September, with the unemployment rate at 3.7 percent. 

“Today’s jobs report once again shows that despite the continued strength of the U.S. economy, too many U.S. workers are still being left behind. While corporate profits and shareholder buybacks are hitting record highs, annualized wage growth is just 2.8%, which is barely enough to keep up with inflation.

“The GOP tax bill was sold to the American people as a plan to give workers a raise, but an overwhelming share of the benefits have been captured by the wealthiest one percent. According to a recent poll of 1,500 companies, only 4 percent plan to use their windfall from the tax bill to give their workers a raise. And yet, House Republicans voted to double down on that strategy last week through a bill that would make their irresponsible tax cuts permanent.

“Congress must take direct action to ensure workers get their fair share of economic growth. That means protecting workers’ freedom to join unions and negotiate for better wages and working conditions, expanding access to health care and quality child care, and raising the minimum wage for the first time in a decade.  This is where Democrats will continue to focus on our energy in the weeks and months ahead.”

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