Washington, DC (October 4, 2019) – Today, the U.S. Department of Labor announced that 136,000 jobs were created in September, with the unemployment rate falling to 3.5 percent.
“This is great news for America’s economy and bad news for the pundits predicting an imminent recession. Led by America’s small business community, our economy continues to move strongly in the right direction, with 136,000 jobs being created in September and unemployment falling from 3.7 percent to 3.5 percent, the lowest level in 50 years. Hispanic unemployment fell to a new record low and African-American unemployment remains at a record low. Wages continue to grow at more than 3 percent for the year with blue-collar workers are seeing the biggest gains. This does not mean, of course, that America does not have any economic challenges. We continue to experience a skills gap, although the Trump Administration, to its credit, is making that a priority with the Pledge to America’s Workers, its workforce development initiative. We also have to address the rising cost of healthcare, which has forced more than one-third of small business owners to drop coverage for their employees. We need a new, personalized healthcare plan that empowers patients, not bureaucrats. We also need to keep fighting far-left policies, such as the Green New Deal and a $15 minimum wage, and keep standing strong for President Trump’s pro-growth policies, which are essential to America’s economic boom.”