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OPA News Release: [02/01/2002]
U.S. Secretary Of Labor Elaine L. Chao
Statement on Unemployment
Numbers For January 2002
WASHINGTON— Secretary of Labor Elaine L. Chao issued the
following statement on the decline in the unemployment rate from 5.8 percent in
December 2001 to 5.6 percent in January 2002:
“I am encouraged by today’s numbers, but it’s still too
early to declare victory over the recession,” Chao said. “Even though
job losses were less than they have been since Sept. 11, we still lost nearly a
hundred thousand jobs last month, and millions of Americans remain
unemployed.
“As the President declared in his State of the Union address this
week, we are committed to beating this recession and building a strong economic
recovery. These numbers show that we are moving in the right direction, but we
are far from finishing the job.
“That’s why the Senate needs to take action on the
President’s agenda to revive our economy – by passing the
President’s economic security plan, his national energy plan that will
create hundreds of thousands of high-paying jobs and Trade Promotion
Assistance.
“If Washington does its job, more Americans will have jobs this
year.”
For more information, please go to www.dol.gov.
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