Congressman Pat Tiberi released the following statement after the passage of the Tax Cuts and Jobs Act in the House: “For years, we have made the case for why Americans need a fairer tax cod...
Tiberi Statement on April Jobs Report
U. S. Congressman Pat Tiberi (R-OH), chairman of the Joint Economic Committee, today issued the following statement regarding the employment report for April 2017 by the Bureau of Labor Statistics:
“This month’s jobs report reflects the positive momentum many Americans are feeling and a strong rebound from last month’s report. Republican initiatives to repeal and replace Obamacare and reduce burdensome regulations are contributing to growing confidence among America’s job creators. In turn, more Americans see expanded employment opportunities and a brighter future. We will push forward by continuing to cut red tape and working toward overhauling our tax system to drive economic growth.”
Note: Today’s report from the Bureau of Labor Statistics indicates that the U.S. economy added 211,000 nonfarm payroll jobs in April and the unemployment rate dropped from 4.5 to 4.4 percent, the lowest rate since May 2007. So far this year, we have had three months with jobs gains over 200,000. The labor force participation rate is 62.9 percent and the employment-to-population ratio is 60.2 percent.