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October 10, 2008    DOL Home > Newsroom > News Releases   

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OPA News Release: [11/07/2003]
Contact Name: Lisa Kruska
Phone Number: (202) 693-4676

Statement of Labor Secretary Elaine L. Chao on October Unemployment Numbers

WASHINGTON—U.S. Secretary of Labor Elaine L. Chao issued the following statement on the October unemployment numbers released today:

“Today’s news of continued job growth and a drop in the unemployment rate is good news for workers and is another sign that the President’s economic policies are turning the economy around. This month the economy created 126,000 jobs, bringing job creation in the past three months to 286,000 new jobs. Weekly claims for unemployment benefits have continued to fall and other economic indicators show that we are experiencing the strongest economic growth in nearly 20 years.

“Still, as the President has said, we are optimistic, but not complacent. We will not rest until every American who wants a job can find one. Even more jobs can be created when Congress acts on the President’s Six-Point Plan for the Economy, which will make health insurance more affordable, reduce the lawsuit burden on the economy and allow employers and workers to plan for the future by making tax relief permanent.”

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