Chairman Paulsen Cheers Job Creation, Wage Growth
WASHINGTON—Joint Economic Committee Chairman Erik Paulsen, R-Minn., welcomed the positive November jobs report released on Friday:
“With Americans’ wages rising at their fastest pace since the recession and nearly 2.3 million jobs created so far this year, today’s jobs report is the perfect gift to workers for the holiday season. It’s clear that pro-growth tax and regulatory reforms are making a difference in people’s lives by boosting paychecks, jobs, and our economy.”
Note: The Labor Department reported that the economy added 155,000 jobs in November. Average hourly earnings of all private sector workers were up 3.1 percent from one year ago. The unemployment rate remained near historic lows at 3.7 percent.
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