Wyden Statement on Dire July Jobs Report
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the news that the U.S. economy added only 73,000 jobs in July and the three-month moving average of jobs added has fallen to a dismal 35,000:
“Trump was handed the keys to the strongest major economy in the world, and he’s driving it into a wall. It looks like health care is one of the last areas of our economy still churning out lots of new jobs, but Trump and Republicans just passed enormous cuts to Medicaid and rural health that will devastate that sector too. Trump and Republicans need to change course dramatically before they plunge us into a recession, because we certainly can’t sustain this chaos and uncertainty for another three and a half years.”
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