News Release

Statement by U.S. Secretary of Labor Scalia on the October Jobs Report

WASHINGTON, DC – U.S. Secretary of Labor Eugene Scalia issued the following statement on the October 2019 Employment Situation report:

"Significantly exceeding expectations, the U.S. economy added 128,000 new jobs in October. An additional 95,000 jobs in upward revisions for August and September show a stronger labor market than previously reported.

"The unemployment rate remains near a 50-year low.  More than 300,000 Americans entered the labor force in October, leading to a slight uptick of the unemployment rate to 3.6%. This marks the twentieth consecutive month in which the unemployment rate has been at or below 4%. It is also encouraging to see another record low unemployment rate for African-Americans.

"Once again, Americans are receiving more money in their paychecks, as year-over-year wage growth rose by 3.0%. Wages have grown at or above 3.0% for 15 straight months, including September's increased revision. 

"The labor force participation rate climbed to 63.3%, the highest since August 2013.

"Today's jobs numbers were affected by a disruption in the auto industry. The importance of the auto industry to the U.S. economy is a reminder of the need to implement the U.S.-Mexico-Canada Agreement (USMCA).  USMCA will add tens of thousands of American jobs and will greatly strengthen our economy and America's workforce."

Agency
Office of the Secretary
Date
November 1, 2019
Release Number
19-1920-NAT
Contact: Emily Weeks
Phone Number
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