Job Creators Network Responds to April Jobs Numbers

Alfredo Ortiz, president and CEO of Job Creators Network, released the following statement on the April jobs numbers released today, showing 253,000 jobs created and a 3.4% unemployment rate:

“Today’s jobs report shows the downward slide of the labor market continues, with the number of new jobs created last month falling far below the recent average. The labor market is a lagging indicator, so the current labor market does not reflect the difficult stagflation environment facing small businesses under President Biden. The report shows that average wages have grown more slowly than inflation for 25 consecutive months, meaning ordinary Americans have faced declining living standards for over two straight years. To kickstart the economy and protect the labor market, Congressional Democrats and the Biden administration should support commonsense Senate legislation introduced this week called the Prove It Act that would give American small businesses long-overdue regulatory relief.”