Job Creators Network: Private Payrolls Smash Expectations, Trump Economy Keeps Working
Washington, DC – (February 5, 2020) — Today, ADP and Moody’s Analytics reported that January private payrolls increased by 291,000, the best monthly gain in almost five years.
“Last night, President Trump told Congress ‘the State of our Union is stronger than ever.’ Now, this morning, we see even more evidence of that, with a new report showing that private payrolls increased in January by their largest amount in nearly five years, crushing expectations. Unemployment is at its lowest level in generations, wages are continually growing around 3 percent annually, and wages for blue collar workers are rising at even faster rate. As President Trump said in his speech, the reason for America’s ‘blue collar boom’ is his administration’s ‘agenda,’ which is ‘relentlessly pro-worker, pro-family, pro-growth, and, most of all, pro-American.’ In 2020, we need to double-down on that agenda while furiously resisting the far-left policies that would stop and then reverse all of our progress.”