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OPA News Release: [08/05/2005]
Contact Name:
Lisa Kruska
Phone Number: (202) 693-4676
Release Number: 05-1494-NAT
Statement of U.S. Labor Secretary Elaine L. Chao
On July Employment Numbers
WASHINGTONU.S. Secretary of Labor Elaine L. Chao issued
the following statement on the July employment situation released today:
“July's employment figures show widespread gains with 207,000 new jobs.
We have had 26 straight months of job growth with nearly 4 million jobs
created since May 2003.
“With 133.8 million payroll jobs, more Americans are working now than
ever before - a record high for the seventh consecutive month. The unemployment
rate remained low at 5 percent - below the average of the decades of the
1970s, 1980s and 1990s. Average hourly earnings saw the largest increase
in a year.”
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