Pelosi Statement on July Jobs Report

Washington, D.C. – Speaker Nancy Pelosi issued the following statement on the July jobs report, which showed that the U.S. created 528,000 jobs last month:

"July's strong jobs growth demonstrates that Democrats' economic agenda is driving a steady and robust recovery. Just a year and a half into President Biden's term, our nation has recovered the total number of jobs lost during the pandemic, employment in the private sector is stronger than it was in February 2020, and more Americans are working now than ever before – meaning millions of America's families have the dignity and security of a regular paycheck. Meanwhile, the unemployment rate, 3.5 percent, now matches the lowest level in more than five decades.

"As we continue to power healthy jobs growth, Democrats are ferociously fighting back against the global inflation weighing on America's families. The Democratic Congress will soon pass our historic Inflation Reduction Act, taking bold action to bring down the kitchen table costs – from health care premiums to prescription drug costs to energy prices – while closing tax loopholes and paying down the deficit. And just last week, the Democratic Congress sent to President Biden's desk the game-changing CHIPS and Science Act, which will lower costs for families and lay the foundation for decades of economic growth by reinvigorating American manufacturing and turbocharging American innovation.

"While Republicans seek to criminalize women's health care, dismantle Social Security and Medicare and continue to attack our democracy, Democrats are putting People Over Politics: fighting for lower costs, better-paying jobs and safer communities for all."