Congressman Kevin Brady Committee on Ways and Means
Texas Insider Report: WASHINGTON D.C. Today the top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement in response to the Labor Departments February 2019 jobs report:
Jobs numbers were lower than expected but wage growth just keeps getting better. Wages are rising for workers at their fastest pace in a decade and unemployment is at 3.8 percent nearly a 50-year low.
You cant read too much into one month. The good news is the three-month average of 186000 still far outpaces predictions for 2019 made before Republicans enacted the Tax Cuts and Jobs Act which drove the trajectory of the U.S. economy significantly upward. America still has more job openings 7.3 million than workers.
If we want to improve the U.S. economy further rather than wasting time on a rush to impeachment by House Democrats we should be working together to pass the crucial trade agreement with Mexico and Canada."
Note: The U.S. Department of Labor reported today that the economy added 20000 jobs in February and the unemployment rate was 3.8 percent with a three-month average of 186000 jobs being added. The yearly increase in wages rose to 3.4 percent the largest increase since 2009.
