Pelosi Statement on June Jobs Report
San Francisco – Democratic Leader Nancy Pelosi issued this statement after the Department of Labor reported that the unemployment rate jumped in June and wage growth slowed:
“June jobs numbers show what is at stake from the brewing storm of rising health costs, spiraling trade uncertainty and an economy being hollowed out to enrich big corporations and the wealthiest 1 percent.
“Six months after receiving their windfall from the GOP tax scam for the rich, Corporate America is on track to spend $1 trillion on dividends and stock buybacks, while announcing tens of thousands of layoffs, refusing to give workers a raise and raising costs for families. Meanwhile, hard-working farmers, factory workers and families across the nation are reeling from retaliatory tariffs and trade uncertainty. America should be taking strong, smart and strategic action against unfair trade policies, not recklessly antagonizing our allies and inviting retaliation against the men and women of American farming and manufacturing.
“The American people deserve so much better than the raw deal they are getting from the cynical Republican special interest agenda. Democrats know that the American people deserve A Better Deal, with Better Jobs, Better Wages and a Better Future. Democrats will never stop fighting for the hard-working middle class families who are the backbone of our nation.”