Job Creators Network Reacts to October Jobs Report

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the October jobs report, which showed only 12,000 jobs were created, and the unemployment rate was unchanged at 4.1%.

“The worst jobs report since the pandemic is a sign of things to come under a second Harris term. Due to the bad policies her administration has implemented, including historic spending, crushing regulations, and a war on domestic energy, the labor market has dramatically softened. In addition to the labor market standstill last month, manufacturing jobs fell by 46,000, and prior months’ job creation was revised down by 112,000, taking the sheen off recent jobs reports. Government jobs actually increased by 40,000 last month, so excluding these non-productive jobs, the jobs report is even worse than it looks. The 2.8% GDP growth in the third quarter this year was mostly due to an increase in government spending, not Main Street activity that actually benefits Americans. The quits rate also plummeted to Obama-era levels, showing just how nervous American workers are in the Harris economy and what’s to come if she’s re-elected. Real average wages actually declined over the Biden-Harris term, leaving Americans worse off than they were four years ago.

“While the impact of Hurricane Helene and Milton and strike activity had some impact on the October numbers, the bulk of the slowdown is due to the weakening Harris economy. Harris’s plans to enact the biggest tax hike in US history, targeted squarely at small businesses, would be the final straw for the labor market and economy barely hanging on. These paltry jobs numbers give independent Americans a final reason why they must vote for Donald Trump and Republicans on Tuesday. Only through pro-growth, conservative policies such as making the Tax Cuts and Jobs Act permanent and unleashing domestic energy can the economy return and surpass the glory days of 2018 and 2019.”