Washington, D.C. – Today, U.S. Small Business Administration Administrator Linda E. McMahon released the following statement in response to the U.S. Labor Department’s August 2018 Jobs report that the economy added 201,000 jobs in August and the unemployment rate was 3.9 percent:
“Today’s report depicts just how positive an effect the President’s strong economic policies, particularly the tax cuts, are having on our nation’s businesses and households. Wages and benefits are rising, and more Americans are joining the workforce with good paying jobs. I meet with small business owners from around the country each week, and overwhelmingly I hear from them an appreciation for an Administration in Washington that is on their side, that listens to their concerns, and most importantly, that is successfully advancing policies conducive to small business growth and expansion.”
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.