On the House floor Tuesday, Doug LaMalfa (R-CA) highlighted that, according to a March report, over 200,000 jobs were added.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Category
🗞
NewsTranscript
00:00The March report for jobs showed that 228,000 jobs were added that month, far
00:08exceeding expectations. Private sector growth led the way with 209,000 new
00:12jobs, nearly double the pre-election average. Wages are rising with hourly
00:18earnings up nearly 4% over the past year. Government job dependence is
00:23shrinking with only 42% of new jobs in government related sectors, down from
00:28nearly 75% under the previous administration. Federal employment
00:33dropped by 4,000 as the administration cuts government bloat. Construction jobs
00:38remain strong despite concerns over labor shortages. Federal telework rates have
00:44dropped over 16 percentage points, aligning with private sector norms.
00:48Industrial production hit a record high. Manufacturing output grew
00:530.9% month over month. Auto production has surged 8.5% and the core CPI inflation
01:02is at a four-year low, easing pressure on consumers on family budgets. America's
01:07economy is bouncing back, stronger, leaner, and built for growth. Under President
01:11Trump's leadership, this momentum will continue. I yield back.
01:16Thank you, sir. For what purpose does the gentlewoman from Maryland seek recognition?
01:20Without objection, the gentlewoman is recognized for one minute.
01:28Knight, please?
01:45.
01:47.
01:49.