Treasury Secretary Scott Bessent highlighted strong economic gains under President Donald Trump during his remarks this evening at the Republican National Convention. He further claimed that more Americans are working than at any point in history, as the private sector has added over 1 million jobs since Trump took office for his second term.

Bessent also pointed to a resurgence in U.S. manufacturing. The sector is expanding at its fastest pace in years, driven by tax cuts, deregulation, and trade policies that encourage domestic U.S. production.

Bessent's comments align with broader administration efforts to prioritize American workers. Policies, including full expensing for business investments, have contributed to shifts in the American labor market. Data from recent months show private-sector hiring strengthening while foreign-born employment has declined drastically.

Manufacturing payrolls have begun adding workers again after prior losses. Construction activity tied to new facilities continues to grow, setting the stage for further gains in permanent factory jobs. Bessent cited additional examples such as expansions at Boeing and other manufacturers.

The remarks come as the Trump Administration continues to promote its pro-growth agenda ahead of key economic milestones and the ever-closer 2026 midterms.

Bessent described the year as poised for significant progress in reshoring and wage gains for working families.