WASHINGTON, D.C.Statement from Michael Faulkender, Visiting Fellow at the America First Policy Institute, and former Assistant Secretary for Economic Policy at the Department of the Treasury:

“Today’s jobs report highlights the harsh economic realities facing Americans across the country: annual wage growth is slowing at a time when gas prices are nearing $5/gallon, and prices for everyday items continue to rise at the fastest pace in nearly 40 years. As the possibility of a full-blown recession becomes more and more likely, it is clear the Biden Administration’s harmful economic policies continue to hurt American workers and families.”