Statement by U.S. Secretary of Labor Acosta on November Jobs Report
WASHINGTON, DC – U.S. Secretary of Labor Alexander Acosta today issued the following statement regarding the November 2018 Employment Situation report:
"President Trump's policies continue to fuel strong and steady job growth. Two full years since the President's election, 4.6 million jobs have been created, including 155,000 in November. Job gains were significant in manufacturing and transportation and warehousing.
"The unemployment rate of 3.7% in November marked the first time since 1969 that the unemployment rate has not exceeded 3.7% for three straight months. For an astonishing seven months this year, the unemployment rate has been below 4.0%. Last month matched a record low, set earlier this year, for the African-American unemployment rate.
"Wage gains remain steady. Paychecks are growing.
"Parts of the United States continue to recover from devastation caused by wildfires in California and last week's earthquake in Alaska. The Department of Labor is working closely with impacted states to help dislocated workers get back to work as quickly as possible."