(Finance) – “Today we received good news for American workers and families with over 250,000 new jobs in September and unemployment returning to 4.1%. With today’s report, we have created 16 million jobs, unemployment remains low and wages are growing faster than prices.” This was stated by the President of the United States, Joe Bidenafter the publication of data from the Bureau of Labor Statistics.
“Under my administration, the unemployment was the lowest in the last 50 years19 million new companies have been created, a record, and inflation and interest rates are falling,” he explained. “And we are seeing the power of collective bargaining to raise workers’ wages, including the progress made by dockworkers with record wages at shippers and port operators and the reopening of East and Gulf Coast ports.”
“There is no doubt: We still have much to do to reduce costs and expand opportunities “Congress should approve our plan to build millions of new homes, expand prescription drug price caps, empower workers and protect the right to organize, and cut taxes for hard-working families,” Biden said. . Congressional Republicans have a different plan: more giant tax cuts for billionaires and big corporations, an end to the Affordable Care Act, devaluing workers by cutting overtime and making it harder to organize, and imposing a national income tax. sales that would increase costs by nearly $4,000 per year. While they put billionaires first, we will continue to fight to grow the middle class.”