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Neal Statement on October 2024 Jobs Report

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement on the U.S. Bureau of Labor Statistics (BLS) October 2024 jobs report:

 

“In the past month, with a dispute at the ports, several labor strikes, and hurricanes hitting our communities, the resiliency of our economy was tested and proven. Under the leadership of the Biden-Harris Administration, the ports reopened, help is making it to those impacted, and our economy remains the envy of the world. There is work to be done, but a low-unemployment, low-inflation economy is what happens when you have the backs of working people. 

 

“Democrats are investing in the middle class and creating an economy that weathers the challenges of the moment. By implementing policies over the last four years that uplifted working people, Democrats ensured that even in times of volatility, the floor will not fall out from underneath middle-class families. People-centered policies are the only way forward. Lowering costs, rewarding work over wealth, holding corporations responsible for price-gouging, and expanding opportunity through paid family and medical leave is our blueprint, and it comes straight from the mouths of the people.

 

“The American people are strong and refuse to be slowed down. They deserve leadership that will build on our progress through a new way forward and abandon the failed agenda of chaos, conspiracies, and cuts. That’s what Democrats have delivered, and what we are ready to do again.”

 

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