Unemployment Rate Falls Below 4%
LANGHORNE, PA - Congressman Brian Fitzpatrick (PA-08), a member of the House Small Business Committee, released the following statement Friday regarding news that the national unemployment rate fell to a near-twenty year low of 3.9% in April:
“Our nation faces many challenges, but perhaps none is more pressing than that of growing our economy and getting Americans to work. Today’s unemployment report and other recent economic indicators are pointing in the right direction - and not a moment too soon.
The fact is, the 1.5% GDP growth we’ve experienced over the past several years was simply unsustainable. If that trend had continued, we would not be able to fund priorities such as bolstering our national security, taking care of our veterans, combatting the addiction crisis, funding public education, and preserving our environment.
The positive impact of strong, sustained economic growth has the potential to not only grow small businesses and help families make ends meet, but also address the many other pressures we face.
I am fighting each day to advance ‘An America That Works’ jobs agenda focused on increasing employment, raising take-home pay and training Americans for the economy of tomorrow.”