Job Creators Network Reacts to May Jobs Report

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the May jobs report that showed 139,000 jobs created last month, the unemployment rate remained at 4.2%, and the labor force participation rate fell to 62.4%:

“Job creation and wage growth exceeded expectations again as the U.S. economy and labor market remain solid thanks to President Trump’s pro-growth, pro-energy policies. Small businesses and the private sector were responsible for these new jobs, with strong gains in the leisure and hospitality sector, a stark contrast from last year’s labor market that was propped up by government jobs. Small businesses are confident and staffing up for summer.

Today’s jobs market is just a taste of what’s to come when the Federal Reserve lowers interest rates, improving access to credit, and Republicans pass their big, beautiful bill, which expands and makes permanent the Tax Cuts and Jobs Act. New JCN polling finds 70% of small businesses will create jobs, expand operations, boost worker wages, or reinvest in their communities if the TCJA is extended. Tax cuts now equal more jobs tomorrow.”