WASHINGTON--Joint Economic Committee Chairman Erik Paulsen, R-Minn., lauded the announcement of a 3.9% unemployment rate for the April 2018 jobs report by the Bureau of Labor Statistics.
"These numbers show that we are on the right path with our economic policies: The unemployment rate dropped to 3.9 percent in April, the lowest since December of 2000. Our labor market is running strong with job creation of 200,000 per month on average this year. Wages are also improving, with the same wage gain year-over-year as in March of 2.6 percent. BLS reports 164,000 for April and a net upward revision of 30,000 jobs for February and March. The best part? We’re going to keep going. This economy still has room to run, so long as we stick to a path of unleashing America’s prosperity."