Press ReleaseApril 5, 2024

Job Creators Network Reacts to March Jobs Report

Alfredo Ortiz, president and CEO of Job Creators Network, released the following statement on the March jobs report, which showed 303,000 jobs were created, the unemployment rate fell to 3.8%, and the labor force participation rate increased to 62.7%:

“Looking under the hood of today’s jobs report shows it isn’t the home run that Democrats and the media claim. Approximately, half of all jobs created last month came in unproductive government or quasi-government healthcare sectors. Full-time jobs continue to decline, while part-time jobs are on the rise. And average wages are growing slower than inflation again, meaning Americans are suffering declining living standards. The Main Street labor market is far weaker than the topline numbers or the conditions on Wall Street or K Street suggest.”