Latta Statement On the November Jobs Report
Congressman Bob Latta (R-Bowling Green) released the following statement on the November jobs report which showed the creation of 155,000 jobs and the unemployment rate holding steady at 3.7%.
“While November’s jobs report doesn’t quite reach the level of the banner reports released over the past few months, there is still much to like in terms of wage growth and labor participation. The creation of 155,000 jobs is a sustainable number that will help extend the current economic expansion into the future. The report also shows wage growth of more than 3% from a year ago. That means Americans continue to see bigger paychecks and higher incomes. The African-American unemployment rate is now the lowest on record and unemployment for women is near its historic low. Manufacturing jobs grew by 27,000, continuing strong growth in that sector.
“This jobs report shows that our economy remains strong, but we can’t rest on our laurels. More can still be done to reduce burdensome regulations, add more permanency to our tax code, and prepare Americans for the workforce of tomorrow. As we head into a split Congress, I urge my colleagues on the other side of the aisle to work with us to continue passing pro-growth policies that have led to this booming economy.”