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Economy & Business

Democrats: Slowing Job Growth Means Workers ‘Losing Their Jobs’

DNC Chairman Tom Perez speaks at Ralph Northam’s election night rally on the campus of George Mason University in Fairfax, Virginia, November 7, 2017. (Aaron P. Bernstein/Reuters)

Hiring slowed in July as unemployment fell even farther, according to Labor Department numbers released Friday.

The U.S. economy added 157,000 jobs last month, falling short of the expected 190,000. Unemployment ticked down to 3.9 percent from 4 percent, and there have been more job openings than workers to fill them since April.

But Democrats claimed the slower job growth meant people are “losing their jobs,” with Democratic National Committee chairman Tom Perez saying that President Trump’s “reckless policies continue to hurt millions of hardworking families.”

“Despite the promises Donald Trump made to the American people, Trump’s economy isn’t helping most Americans,” Perez said. “Corporations have used their tax windfalls to line the pockets of their rich executives, not to increase wages for their workers. Meanwhile, workers at places like Harley-Davidson are losing their jobs.”

House minority leader Nancy Pelosi also reportedly disparaged the newly released jobs numbers, saying they show that large corporations and the wealthy are benefiting from Republicans’ tax cuts while workers miss out on the healthier paychecks they deserve.

Senate minority leader Chuck Schumer, meanwhile, lamented the country’s still-slow wage growth, which has struggled to keep pace with inflation.

NOW WATCH: ‘Job Growth Slowed In July’

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