Economic boom continues with 225K new jobs in Jan. 2020

Feb. 7, 2020, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement on the latest jobs numbers:

“Job creation in January continued to roar along, accelerating to 225,000 jobs created, a dramatic increase over the average monthly job creation in 2019.  The expansion of construction, particularly new home construction, jobs is a great sign moving forward as the housing sector can drive economic growth all on its own.

“When coupled with the near record low number of new unemployment insurance claims reported this week and the 3.1 percent annual increase in wages which disproportionately benefits those in the bottom economic tier, it is clear that President Trump’s tax and regulation cuts, along with his America First trade policy are winning for all Americans.

“And the path forward is even more exciting as the positive impacts on the manufacturing and agricultural sectors from the recent signing of the USMCA into law, the first phase China deal and a phase one deal with the Japanese promise to bring more jobs and prosperity to America.  The President has engaged in a comprehensive economic growth plan and the great news is that parts of it are just beginning to kick in.”

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