Pelosi Statement on January Jobs Report

Washington, D.C. – Speaker Nancy Pelosi issued the following statement on the January jobs report, which showed that the U.S. created 467,000 jobs last month:

"Today's jobs report makes resoundingly clear that, with nearly half a million new jobs created last month, the Biden economic recovery continues to be historic. Despite continued challenges from the pandemic, our nation has seen the fastest job growth on record with 6.6 million new jobs created in the last year – powered by President Biden's visionary leadership and Democrats' effective economic plan.

"Now, Democrats are prepared to build on this extraordinary economic momentum: continuing our work to lower families' costs, strengthen our supply chains, and make more goods in America. Today, the House passes our America COMPETES Act, which will ensure the pre-eminence of American manufacturing, American workers and American economic strength. This bold, results-oriented legislation will bring the manufacturing of critical goods, including semiconductor chips, back to our shores – while restoring American leadership in research and innovation and promoting American values on the world stage.

"Under the leadership of President Biden and House Democrats, our nation will continue to Build Back Better to create more good paying jobs and lower costs for families across America."