Job Creators Network Responds to March Jobs Report

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the March jobs report, which showed 228,000 jobs created last month, the unemployment rate rose to 4.2%, and the labor force participation rate increased to 62.5%:

“Job creation smashed expectations last month as the Main Street labor market and real economy strengthened due to President Trump’s policies of deregulation and cheap energy. What’s even more positive is the makeup of these jobs, which overwhelmingly were productive, private-sector positions. Federal jobs declined again last month thanks to the Trump administration’s efficiency efforts. That’s a stark change from the Biden administration, where approximately half of the new jobs were in government or quasi-government roles. Wages also rose faster than inflation, meaning Americans’ living standards are rising once again.

“This solid job creation is reflective of new JCN polling showing small business confidence and hiring continue to hover at near-record highs following Trump’s election. But Trump can only do so much. Now it’s time for Congress to help by expanding and making permanent the Tax Cuts and Jobs Act that delivered generational tax savings to small businesses. Progress toward this goal this week in the Senate will make small businesses even more optimistic to hire and expand in the months ahead. But they need tax certainty now to make longer-term plans, so Congress must act as soon as possible.”