Skip to main content

Jobs & the Economy

Creating jobs and expanding economic opportunity continues to be Democrats’ top priority.

Throughout the 117th Congress, House Democrats have partnered with President Biden to enact policies that expand economic opportunity for businesses, workers, and communities across America. Under President Biden and Congressional Democrats, the unemployment rate is at its lowest in more than 50 years with more than 10 million jobs created, helping more of our people get ahead in today’s economy and Make It In America.
 
Democrats pursue an economic agenda that helps American businesses create good-paying jobs and ensure that workers have the tools not only to get by but to get ahead in our global economy.  From raising the minimum wage to providing skills training and apprenticeship opportunities to ensuring equal pay for equal work, from making childcare more affordable to making it easier to save for retirement, Democrats’ economic policies are aimed at helping workers and their families attain real economic security at every stage of life. 
 
Democrats have also delivered historic legislation investing in infrastructure and greater access to high-speed internet, taking the lead in the clean-energy economy, and supporting innovation and entrepreneurship. The generational Bipartisan Infrastructure Law has already begun to expand economic opportunity for Americans in communities across the country and takes action to repair our nation’s roads, bridges, ports, and other infrastructure while creating nearly 1.5 million jobs annually over the next decade. It contains the first major American investment in climate resilience to help communities upgrade their critical infrastructure and mitigate the impact of climate change-driven extreme weather. Likewise, the Inflation Reduction Act also advances America’s clean energy goals, turbocharging clean energy research and transmission while promoting electric vehicle domestic manufacturing to reduce American dependence on gasoline while revitalizing our auto industry.
 
The CHIPS and Science Act includes bipartisan measures to revitalize the domestic semiconductor industry and spur research. By strengthening domestic supply chains, this law acts directly to accelerate American innovation in the long-term while acting immediately to address inflation and create good paying jobs. House Democrats will continue to champion skills training and education at every level – from early childhood learning through higher education – to prepare our people for success and advancement in a changing economy.  In all of these efforts, Democrats will continue to look for ways to make access to opportunities more equitable and to combat the lingering effects of legalized discrimination that continue to make it harder for minorities to access credit for loans, seek investment capital for startups, and build wealth to pass on to the next generation. 
 
With historic job creation under President Biden, House Democrats will continue to advance policies that expand economic opportunity for working families, support small businesses, and create better-paying jobs.


Related

A temporary extension of unemployment and health benefits is vital to help the many families who are still struggling as the economy starts to recover from the recession.
ICYMI, wanted to make sure you saw today’s editorial in USA Today about how the economy is showing broad signs of recovery.
Thanks to Democratic policies, Americans are receiving significantly higher refunds as they file their taxes this year.

In the 111th Congress, Democrats passed legislation to help return our country to fiscal sanity, including a budget resolution that addressed the deficit in an honest and responsible manner, PAYGO, and additional measures to address waste, fraud and abuse – all without Republican support.
This year, millions of American families will notice lower taxes and larger tax refunds as a result of the American Recovery and Reinvestment Act signed into law last year.
According to a survey of nationwide retailers, March posted the best monthly sales performance in a decade, “offering bold new evidence that a strong economic recovery could be ahead.… Of the 28 retailers whose results were tallied by Thomson Reuters, 92% beat sales expectations.
The jobs report for March was the latest sign that that our economy is turning around and showing signs of improvement as a result of the Recovery Act and other actions taken by Democrats to get Americans back to work and build a sustainable economic recovery.

According to today’s report from the Department of Labor, the U.S. economy added 162,000 jobs, the largest one-month gain in 3 years.

The Department of Labort released the March jobs report, showing 162,000 jobs added to the economy in March – the largest one month increase in three years.