Job Creators Network Reacts to Friday Jobs Report

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the July jobs report, which showed 114,000 jobs created last month, the unemployment rate increasing to 4.3%, and the labor force participation rate rose to 62.7%:

“The American job market has significantly downshifted as consumers, which drive the economy, are tapped out from the ongoing cost-of-living crisis under the Biden-Harris administration. Job growth was well below expectations and the recent monthly average. More than two-thirds of new jobs were created in the unproductive government or quasi-government healthcare and social services sectors of the economy. There are now 1.3 million more unemployed Americans than last year. And job growth in previous months was revised down yet again. To reinvigorate the job market and overall American economy, new leadership in the Executive Branch is needed. Conservative pro-growth policies such as tax cuts, deregulation, and domestic energy production can empower Main Street job creators to restore shared economic prosperity.”