Paulsen Statement on June Jobs Report
Chairman Erik Paulsen, R-Minn., issued a statement on the June jobs report released on Friday:
“Another positive jobs report shows that the U.S. economy clearly had room to grow and that the Tax Cuts and Jobs Act was essential to sparking that growth. I am hopeful this momentum will be sustained despite the Administration’s new tariffs and the retaliation incurred, which make purchases more expensive for American families and threaten our newly rediscovered potential for robust economic growth. I will continue to advocate for the President to lower trade barriers so our manufacturers can hire here at home and thrive across the globe.”
The BLS Employment Situation Report registered 213,000 jobs created in June, well above expectations. April’s jobs number was revised up to 175,000 and May’s to 244,000.