Today, the Bureau of Labor Statistics released the November jobs report which showed that the U.S. economy added 227,000 new jobs and the unemployment rate ticked up to 4.2%. Groundwork Collaborative Executive Director Lindsay Owens reacted with the following statement:
“The Biden Administration is handing off a rock-solid labor market after their strategic investments strengthened our economy and ushered in the fastest recession recovery on record.
“President-elect Trump would do well to continue to invest in the workers and communities that have powered this resilience. But if he pursues trillions in tax cuts for the wealthy and implements the proposals to slash public investments that people like Musk have championed, the labor market will surely deteriorate and workers will suffer the consequences of these choices.”