Please note: As of January 20, 2021, information in some news releases may be out of date or not reflect current policies.
Statement by U.S. Secretary of Labor Acosta on the State of the Union Address
WASHINGTON, DC – U.S. Secretary of Labor Alexander Acosta issued the following statement this evening regarding President Trump’s State of the Union address:
“President Trump’s pro-growth, pro-jobs policies are putting Americans back to work and more money in their pockets. Tonight, the President reminded the nation of the great strides America’s economy has made under his leadership, and he laid out an optimistic vision for continued strong economic growth.
“In the President’s first year in office, the U.S. economy created over 2 million jobs; unemployment fell to 4.1%, a 17-year low; and Americans’ retirement savings have benefited from dramatic gains, fueled by a 42% increase in the stock market since Election Day 2016. Additionally, there has been an overwhelmingly positive response from job creators to the President’s landmark tax reform law.
“The Department of Labor continues to advance the President’s common sense economic agenda, including growing apprenticeships, expanding access to healthcare, and strengthening the nation’s infrastructure. The American workforce is the greatest in the world, and this Administration will continue to support the creation of good, family-sustaining jobs.”