Job Creators Network Reacts to BLS Massive Downward Revision of Job Creation Under Biden
Alfredo Ortiz, CEO of Job Creators Network, released the following statement on the Bureau of Labor Statistics downward revision of 911,000 jobs through March 2025:
“BLS’s massive downward revision of last year’s jobs numbers confirms what Main Street has long known: The Biden labor market was far softer than topline numbers indicated. President Trump inherited a weak labor market, which the Federal Reserve has kept stagnant through artificially high interest rates.
“Lower interest rates, combined with Trump’s policies of tax cuts, deregulation, and pro-energy initiatives, will jumpstart the economy in the months to come. New JCN polling finds that nearly all small businesses plan to use their tax cut savings to expand, hire, raise wages, or invest in their communities.
“This massive revision also proves Trump correct in replacing the head of the BLS with Heritage Foundation economist EJ Antoni. It gives new urgency to his confirmation to fix the mess at the BLS.”
