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Kelly Loeffler: “Our labor force has more than tripled.”

Featuring: Kelly Loeffler, Republican | Administrator, U.S. Small Business Administration | National

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SBA Administrator Kelly Loeffler: SBA now processing $5B in backlogged loans to small businesses

Published | Video Starts at 05:19

If you look at our Labor Force, in 1940, we had about 50 million people in the labor force. Compute. Power has grown asymptotically since then, and Our labor force has more than tripled. So what we're seeing is potentially strong productivity for small businesses to compete on a very level playing field. Finally. (05:19–05:22)

CLAIM

Asserts that the labor force has more than tripled since 1940.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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