Washington, D.C. - Today, the Department of Labor announced the U.S. economy created 308,000 new jobs in March - the fastest monthly job growth since April 2000.  The latest data show that more than 500,000 new jobs have been created in the first three months of 2004. 

 

Ways and Means Committee member and deputy whip Rep. Kevin Brady (R-The Woodlands) stated, “Today’s remarkable job numbers further confirm that putting money back in the pockets of working families creates jobs. Tax relief not tax increases are proving to be the best way to keep our economy moving forward and Americans working.”

 

U.S. Department of Labor report indicates: 

·   308,000 new jobs were created in March. 

·   In addition, January and February estimates were revised upwards by 87,000 jobs. 

·   No job sector reported lost jobs.

·   Job growth in March was broad-based:  Construction +71,000; Retail trade +47,000; Health care and social assistance +36,000; Professional and business services +42,000; Food services +27,000; Transportation 13,000.