Hoyer Statement on January Jobs Report

WASHINGTON, DC – Congressman Steny H. Hoyer (MD-05) released the following statement today on the January jobs report: 

"The jobs report released this morning revealed that 143,000 jobs were added to the U.S. economy in January. That means the American labor market grew every single month President Joe Biden held office. Additionally, the unemployment rate ticked down to four percent. This is the benchmark – from inheriting an economy hemorrhaging jobs and growing numbers of COVID cases, President Joe Biden and Vice President Kamala Harris oversaw unprecedented economic recovery and growth over four years. This historic recovery was no accident. Thanks to the Investing in America agenda, made up of historic legislation ranging from the Inflation Reduction Act to the Bipartisan Infrastructure Law to the CHIPS and Science Act – we took action to rebuild our infrastructure, lower costs of everyday goods, and create good-paying jobs across the country.

"Unlike Republicans the past four years, I hope the economy performs well under the new administration. When the economy succeeds, the American people succeed. This administration's actions, however, make me fear that this period of prosperity will not last. Trump's tariffs are raising the cost of groceries, clothing, and other consumer goods. His freeze on federal grants, contracts, and services will stifle growth, innovation, and competition in the private sector. Elon Musk’s purge of federal employees is already putting tens of thousands of people out of work – people who provide vital services to the American people every day.

"Democrats will continue to stand up for our federal employees so our federal workers can continue to stand up for Americans across the country."