NEW: Latest Jobs Report Shows 15 Million Jobs Created Under President Biden

In response to today’s April jobs report, DNC Rapid Response Director Alex Floyd released the following statement:

“Today’s jobs report shows that thanks to President Biden, the economy continues to grow from the bottom up and middle out with 15 million jobs created since he took office. Under President Biden’s leadership, unemployment has remained under 4% for the longest stretch in over 50 years, working-age women are being employed at a record rate, and wages are rising for American workers. The contrast couldn’t be more clear: President Biden’s economic agenda is delivering for hardworking Americans, while Donald Trump rooted for the economy to crash after leaving office with the worst jobs record since the Great Depression.” 

NEW: The economy added 175,000 jobs in April, continuing a great American comeback while maintaining record-low unemployment. 

Heather Long, Washington Post: “The big picture: US unemployment has been below 4% for 27 months. That’s an incredible stretch that hasn’t happened since the late 1960s.”

U.S. Department of Labor: “Notably, the share of working age women in the labor force rose to a historic high of 78 percent. This is the highest the rate has been since we began tracking the data in 1948, and it is a welcome sign after the devastating effects that COVID-19 had on working women. Overall, the labor force participation rate among prime-age workers continues to outpace its pre-pandemic levels.”

Reminder: America has the world’s best economic recovery under President Biden’s watch.

Washington Post: “Falling inflation, rising growth give U.S. the world’s best recovery”

“Since 2020, the United States has powered through a once-in-a-century pandemic, the highest inflation in 40 years and fallout from two foreign wars. Now, after posting faster annual growth last year than in 2022, the U.S. economy is quashing fears of a recession while offering lessons for future crisis-fighting.

“On Friday, President Biden hailed fresh government data showing that annual inflation over the second half of 2023 fell back to the Federal Reserve’s 2 percent target. Coupled with Thursday’s news that the economy grew by 3.1 percent over the past 12 months, the Commerce Department report showed that the United States appears to have achieved an economic soft landing.”

Axios: “U.S. winning world economic war”

“The United States economy grew faster than any other large advanced economy last year — by a wide margin — and is on track to do so again in 2024.”

Associated Press: “American consumers feeling more confident than they have in two years”

Forbes: “U.S. Economy Grew 2.5% Last Year, Defying Recession Calls”

Politico: “US growth shatters expectations, boosting Biden’s economic pitch”

Meanwhile, Donald Trump owns the worst jobs record in modern American history — with a poor record even before the pandemic started.

Fortune: “Trump to leave office with the worst jobs record since Herbert Hoover”

Washington Post: “President Trump took office at the crest of the longest economic expansion in U.S. history. He leaves presiding over the worst labor market in modern U.S. history, as an already-sputtering economic recovery has turned negative.”

Bloomberg: “Trump’s Jobs Record Fell Short of Promises Even Before the Virus”

Bloomberg: “Job growth was slightly slower in Trump’s first three years before Covid than it was during the last three years of the Obama administration, when the economy added 2.7 million jobs a year on average. Under Trump, that average was 2.2 million, until this year’s tumult more than wiped out the gains.”

Trump’s MAGAnomics tax scam incentivized companies to offshore American jobs and gifted handouts to the ultra-rich and big corporations while leaving working families behind.

Forbes: “Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018”

CBS News: “Two years after Trump tax cuts, middle-class Americans are falling behind”

The Guardian: “They were billed as a ‘middle-class miracle’ but according to a new book Donald Trump’s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.”

Washington Post Analysis: “One of President Donald Trump’s lesser-known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt. The national debt has risen by almost $7.8 trillion during Trump’s time in office.”

Brookings: “So over the years of the Obama administration there was a gradual recovery in manufacturing jobs and hours worked. Trump managed to destroy that through his ill-advised tariff tantrums in a short two years and put manufacturing into a recession.”

Bloomberg: “Another signature Trump policy, the trade war with China, actually hurt some of the manufacturers and farmers it was supposed to help. The Tax Foundation estimates if tariffs remain, 179,800 full-time equivalent jobs could be lost.”

Washington Post: “U.S. manufacturing was in a mild recession for all of 2019, according to data released Friday by the Federal Reserve.”

Trump actively rooted for the U.S. economy to crash for his own political gain. 

CNN: “Former President Donald Trump predicted the US economy would ‘crash,’ saying he hoped it would do so within the next year – before he would assume the Oval Office should he win a second term in November.”

Trump: “And when there’s a crash — I hope it’s going to be during this next 12 months because I don’t want to be Herbert Hoover. The one president I just don’t want to be, Herbert Hoover.”

Daily Beast: “Donald Trump admitted Monday that he wants a severe economic downturn to happen during the next year, because it will help his odds of winning the presidential election.”