Press Releases
Chairwoman Velázquez on June Jobs Report
Washington,
July 8, 2022
“With today’s jobs report, our recovery has passed an important milestone as we’ve gained back all the private-sector jobs lost during the pandemic. The June jobs report also revealed that U.S. manufacturing employment has returned to levels not seen since February 2020. This recovery has been historically swift and strong. Under President Biden, we’ve added 9 million jobs, and the unemployment rate has dropped to 3.6%. This progress was no accident. The American Rescue Plan and other policies advanced by the President and Democrats in Congress paved the way for this recovery. In addition, over the past two years, the Biden Administration has provided small businesses with hundreds of billions of dollars in aid through pandemic relief programs. These efforts, combined with historic levels of Small Business Administration lending, have given small firms the support necessary to create jobs and lead the way in this recovery. ### |