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Chairman Yarmuth on April Jobs Report

May 6, 2022

WASHINGTON, DC – Today, Kentucky Representative John Yarmuth, Chairman of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 428,000 in April and the unemployment rate remained low at 3.6 percent:  

“This morning brought more good news about the strength of our economic recovery,” said Chairman Yarmuth. “Employers added 428,000 jobs in April and unemployment remains low and steady at 3.6 percent, which is nearly identical to pre-pandemic levels. In fact, there have only been three months in the last 50 years when the unemployment rate in America was lower than it is now.” 

“Our economy has regained more than 90 percent of the jobs lost during the COVID pandemic. When President Biden took office, there were 20 million people relying on unemployment benefits to feed their families; today, thanks in part to the American Rescue Plan and Democrats’ economic agenda, that number is approximately one million — the lowest since 1970. More importantly, this is a workers’ economy, with more open positions than there are people to fill them. I look forward to working with my colleagues to make smart and fiscally responsible investments that will lower costs for working families and grow our economy from the bottom up and middle out.” 

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