Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa
Chairman, U.S. Senate Finance Committee
On the Department of Labor Scorecard
Monday, May 6, 2019
Last week, the Department of Labor released its monthly scorecard for the U.S. workforce.
The unemployment rate fell to 3.6 percent, which is the lowest rate since December 1969, a new 50-year low. Moreover, an additional 263,000 jobs were created.
Job gains have averaged a robust 218,000 over the past 12 months.
Additionally, for the 9th straight month, year-over-year nominal wage gains have equaled or exceeded 3 percent.
It’s good to see tax reform and the pro-growth policies of this Administration continuing to improve the daily lives of all Americans.
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