WASHINGTON, D.C. – Congressman Kenny Marchant (R-TX), released the following statement after the Department of Labor announced the May 2018 jobs report:
“Today’s jobs report shows that tax reform is working” said Marchant. “The U.S. economy created 223,000 new jobs and unemployment fell to a low of 3.8 percent.”
“Tax reform continues to boost wages, create jobs, and increase investments throughout the country. Congress must proceed to roll back burdensome regulations and enact policies that have brought us record job creation and wage growth. I will continue fighting for hard working Americans to keep our economy on track.”
Note: According to Bloomberg, payrolls were expected to grow by 190,000 while the unemployment rate was forecast to remain at 3.9%.