Senator Warren Statement on May 2025 Jobs Report
Washington, DC – Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:
“The Trump trifecta of chaotic tariffs, tax cuts for the wealthy, and unleashing Wall Street to cheat people is undermining American jobs and hurting working families. This week’s series of labor market indicators, including today’s employment data and continued downward revisions, provide yet more evidence that Trump’s misguided policies are weakening the job market. Small businesses and manufacturers in particular are struggling under the weight of economic uncertainty. Layoffs and quit rates are ticking up as businesses and workers alike are losing confidence in Trump’s faltering economy. With looming federal workforce cuts and ongoing trade disruptions, the labor market is on track to soften further.”
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