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OPA News Release: [05/05/2006]
Contact Name: Lisa Kruska
Phone Number: (202) 693-4676
Release Number:
06-0812-NAT
Statement of U.S. Labor Secretary Elaine L. Chao
On April Employment Numbers
WASHINGTON — U.S. Secretary of Labor Elaine L. Chao issued the following statement on the April employment situation released today:
"Today's report shows our economy continues to grow and steadily produce new jobs. For the first four months of 2006, 692,000 net new jobs were created for a total of 5.3 million net new jobs since August 2003. The unemployment rate remains low at 4.7 percent, which is below the 5.7 percent average of the 1990s. And average hourly earnings in April were better than consensus forecasts, which is good news for America's workers."
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