Press Release
For Immediate Release: 
January 10, 2020
Contact Info: 
Mariel Saez 202-225-3130
WASHINGTON, DC – House Majority Leader Steny H. Hoyer (MD) released the following statement today on the December jobs report: 

“December’s jobs report marks the last report of a decade that began with unemployment near 10% as we reeled from the worst of the Great Recession.  That decade now ends amid an economic expansion marked by 111 consecutive months – more than nine years – of job growth. While President Trump will continue to claim credit for a strong economy, this month’s report caps a year that ranks a mere eighth in the 2010’s for job creation.  Rather than focusing solely on a stock market buoyed by record stock buybacks and dividends, a deeper dive into the true measures of our economic health ought to give us some pause. 
 
“Wage growth is slower than last month and slower than last year.  The places where we see good news on this front are where local governments have increased the minimum wage, rather than any trickle-down effects from Republicans’ tax cuts for the wealthy.  The President’s trade wars contributed to last month’s contraction in domestic manufacturing, the largest we’ve seen in ten years, and they have depressed agricultural exports, putting America on track for 2019 to have the lowest net agricultural exports in that same period.  Affording higher education or a secure retirement has become more challenging.  Uncertainty from this President’s erratic and ill-conceived policies will only continue to exacerbate our economic challenges and sustain an inequality that undermines the very foundation of America’s opportunity-driven economy. 
 
“House Democrats believe that the answer to solving these economic challenges in the decade to come is to ensure that our government works for those it serves, making opportunities more accessible while helping entrepreneurs and businesses create good jobs that pay well.  That’s why, in 2019, we passed major legislation to raise wages, ensure equal pay for women, protect access to affordable health care and coverage for those with pre-existing conditions, lower prescription drug prices, help more workers save for a secure retirement, and protected multi-employer pension funds from going insolvent.  In 2020, we will continue to build on these actions by pushing for investments in infrastructure that create jobs and promoting policies that help more of our workers and their families get ahead and make it in America.  We will not rest as we work to restore faith in government and ensure that it and our economy always work, first and foremost, For the People.”