Note: This press release was provided by Congressman Steny Hoyer
WASHINGTON – Congressman Steny H. Hoyer (MD-05) released the following statement today on the April jobs report:
“While April saw modest job growth, with 177,000 jobs added last month and the unemployment rate holding around 4.2% – other key indicators reveal just how precarious this moment is for the American economy. This week, we learned that for the first time since the end of the pandemic, the American economy shrank over the past three months. Costs continue to go up, the stock market continues to fall, and Americans’ confidence in their economy continues to erode with no end in sight.
“Trump has taken a chainsaw to the American economy, just as he has to vital services the American people use every day. His erratic, incoherent flip-flopping on tariffs have made our markets as volatile as his temper. Americans should not have to pay the price for this administration’s incompetence, but they will continue to until Trump puts his economic ‘agenda’ where it belongs: the trash.”
No beating around the bush by Steny. 👍
Hey Spendy, the difference between “modest job growth, with 177,000 jobs added last month” and all of your previous reports on ‘job growth’, is that this number probably won’t have to be reduced in a few weeks, like the past 48 months you commented on, were. But I guess we should expect instant results on the economy, like you and your cronies wish would happen with your grafting and kickbacks now.
Retire NOW!