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Congressman Bob Latta (R-Bowling Green) released the following statement after the Bureau of Labor Statistics released their August Jobs Report which found that employment increased by 201,000 jobs and unemployment stayed unchanged at the historically low 3.9%. At the same time, wages grew 2.9% from the same point in 2017, the highest wage growth since April 2009.
 
“There is much to like in this jobs report including more than 200,000 jobs that were added to the economy and the highest wage growth in nearly a decade,” said Latta. “The numbers from the Bureau of Labor Statistics continue to show an economy that is growing and resulting in higher wages for employees. This is not by accident. Pro-growth policies like tax cuts and regulatory reform are making a real difference.
 
“After traveling all over Ohio’s 5th Congressional District – putting thousands of miles on the car – I can confirm these numbers reflect the reality on the ground. Whether it’s speaking with manufacturers, small businesses, or workers – optimism is high.
 
“That’s why it’s so concerning that there are still some that want to go back to the policies that led to sluggish growth and lower wages. There are some that want to repeal the Tax Cuts and Jobs Act and hike taxes on the middle class. They want to increase the amount of regulations coming out of Washington, forcing small businesses to comply with extensive government red tape. Even worse, some think even that is not enough and are advocating for massive new government spending programs to be paid for with giant tax increases on hardworking Americans.
 
“I’ll continue my efforts to pursue policies that we know are working. That includes supporting legislation like, “Tax Cuts 2.0,” which should be released in the coming weeks and will provide more tax relief for Ohio families. We can’t go backwards on the progress we’ve made.”
 
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