Washington, D.C. (April 3, 2020)— Today, the U.S. Department of Labor released its monthly jobs report.
Alfredo Ortiz, President and CEO of the Job Creators Network, released the following statement:
“In March, the unemployment rate rose to 4.4 percent and 701,000 Americans lost their jobs. As President Trump said, we should expect to experience a ‘painful’ next two weeks and perhaps longer. However, there is light at the end of the tunnel. Starting today small businesses can begin applying for the $349 billion Paycheck Protection Program, which will give them much-needed cash to keep payroll flowing, while covering rent, utilities and other overhead. The Trump Administration is laser-focused on making the program work, and JCN is doing its part by mobilizing job creators to participate. The Administration has an all-hands-on-deck mentality, and so do we. We are a resilient country and we will get through this and emerge stronger than ever.”