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

“Thanks to President Biden, America’s economy is booming — and today’s jobs record proves it. After Donald Trump left office with the worst jobs record since the Great Depression, President Biden brought America back, helping to create over 15 million new jobs and overseeing an unemployment rate under 4% for the longest stretch in more than 50 years. Now, Trump is running on a disastrous MAGAnomics agenda to gift tax cuts to billionaires while he roots for our economy to crash for his own political gain. President Biden is fighting every day to grow the economy from the bottom up and the middle out and give working people a fair shot, while Donald Trump is plotting to help his billionaire buddies pay even less in taxes. This November, the American people will reelect President Biden because his economic agenda is delivering for them, while Trump is only focused on himself and his ultra-rich friends.”

NEW: Thanks to President Biden, the American economy added 303,000 jobs in March, while the unemployment rate remained under 4% for the 26th consecutive month.

NBC News: “The U.S. economy rolls on, adds 303,000 jobs in March”

“The U.S. economy added 303,000 jobs in March, blowing past expectations and indicating that growth remains on a firm footing.

“The reading represents the largest one-month boost in payrolls since May 2023 and is a significant increase from the 270,000 added in February and the 256,000 in January.

“Economists had forecast that about 200,000 jobs would be added for March.

“The unemployment rate declined slightly to 3.8%, and wage growth came in at 4.1% over the last 12 months, the Bureau of Labor Statistics said.”

CNN: “March jobs report comes in hot: The US economy added 303,000 positions last month”

“The US job market is also one of the strongest, historically: The economy has added jobs for 39 consecutive months, marking the fifth-longest period of job expansion on record, BLS data shows. The unemployment rate has been below 4% for 26 months in a row, the longest streak since the late 1960s.”

USA Today: “Today’s jobs report shows economy added booming 303K jobs in March, unemployment at 3.8%”

The Guardian: “US workforce adds 303,000 jobs in March – far more than expected.”

Reuters: “US job growth blows past expectations; unemployment rate falls to 3.8%”

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.

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”

Trump’s MAGAnomics tax scam 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.”

Washington Post Analysis: “The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center.”

Politico: “The nation’s fiscal outlook looks ever bleaker, thanks in part to deficit spending during President Donald Trump’s first term, Congress’ nonpartisan budget scorekeeper projected Tuesday.”

Trump is now rooting for the economy to crash to help his political standing.

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.”

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