Press ReleaseApril 7, 2023

Job Creators Network Responds to March Jobs Report

Alfredo Ortiz, president and CEO of Job Creators Network, released the following statement in response to the March jobs report:

“It’s Bad Friday for American workers, as today’s jobs report reveals the labor market is finally starting to crack under the weight of two years of Bidenflation and the resulting rapid increase in interest rates. The economy created its fewest number of jobs last month than in any month in Biden’s presidency. The average weekly hours for employees also fell again. Average wages grew slower than inflation for the 24th consecutive month, marking the two-year anniversary of declining real wages and living standards under the Biden administration.”