North Tidewater News

WASHINGTON – Ranking Member Robert C. “Bobby” Scott (VA-03) released the following statement after the Bureau of Labor Statistics announced that the economy added 187,000 jobs in July, as the unemployment rate ticked down from 3.6 percent to 3.5 percent. This is higher than the 182,000 jobs created each month, on average, under the Trump administration prior to the COVID-19 pandemic. Since taking office, President Biden has created 13.4 million jobs, which is more jobs created in 30 months than any previous President has created in a single, 48-month term.

“Today’s jobs report shows that President Biden’s economic agenda is continuing to deliver for the American people. Inflation has declined, the unemployment rate remains near historic lows, workers have seen increases in their wages, and our job market remains robust.

“Regrettably, House Republicans continue to threaten our economic progress.  After months of ignoring the needs of our constituents in favor of pursuing culture wars, my Republican colleagues are now trying to force through a series of devastating budget cuts that would hurt workers, their families, and our economy. This harmful economic agenda has even contributed to a downgrade to our nation’s credit rating.

“It took bold leadership from President Biden and Congressional Democrats to put our economy on the path to recovery and historic growth.  Now is not the time to reverse course and take our economy backward.  To that end, I urge all my colleagues to join me in rejecting House Republicans’ proposed budget cuts and reinvesting in our nation’s workers.”

Original source can be found here.