WASHINGTON, D.C.— The RATE Coalition today released the following statement on the Bureau of Labor Statistics’ July 2019 jobs report:
“The temperatures this summer are hotter than ever, and so is the U.S. job market. Today’s positive report again illustrates how pro-growth policies, like the tax cuts, are helping create new opportunities for American workers and their families. Instead of promoting ideas that will raise taxes and cool down the job market, lawmakers should turn their attention to sustaining these economic gains for the long-term.”
Highlights from the July 2019 jobs report:
- The U.S. economy added 164,000 jobs in July.
- Unemployment remained unchanged at 3.7 percent, making July the 17th consecutive month where the unemployment rate was at or below 4 percent.
- Wages rose 3.2 percent over the past 12 months.