AFPI Statement on May Jobs Report

June 03, 2022

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.”