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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 219-8211
Our nation's economy remains strong.
Today's employment situation report shows an unemployment rate of only
4.4 percent for the month of February, the twentieth consecutive month below 5
percent. We created 275,000 new jobs this month...and more than 18 million
since the President came into office in 1993.
Nearly every sector of the economy showed growing employment-from
construction to computer services and from retail to engineering. I believe
that the message behind the numbers in today's report is: opportunity.
The benefits of our nation's economy are widely shared. Unemployment
rates for blacks and Hispanics remain near historic lows, and workers' wages
continue to rise.
Archived News Release--Caution:
information may be out of date.
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