Job Creators Network Statement on January Jobs Report
Alfredo Ortiz, CEO of Job Creators Network, released the following statement on the January jobs report, which showed 130,000 jobs created, the unemployment rate fell to 4.3%, and the labor force participation rate increased to 62.5%:
“January’s strong jobs report smashed expectations and signals a turning point in the US labor market where job creation finally catches up with broader strong economic conditions. Thanks to Republican pro-growth policies such as tax cuts, deregulation, and low inflation, the economy is growing quickly, and the stock market is at a record high. Now workers are starting to feel the benefit in terms of associated job creation and wage growth. The jobs report shows workers’ real wages continuing to significantly rise, a stark contrast to the Biden administration.
