Statement by Acting Secretary of Labor Su on January jobs report
WASHINGTON – The U.S. Acting Secretary of Labor Julie Su issued the following statement on the January 2024 Employment Situation report:
“Today, the Bureau of Labor Statistics reported that the American economy added 353,000 jobs in January, bringing the total jobs created under President Biden to 14.8 million. The unemployment rate held at its steady, low rate of 3.7 percent. This continues a two-year trend of a jobless rate under four percent, the longest stretch in more than 50 years.
“This strong jobs report also shows balanced, broad-based growth across sectors, with gains in retail, health care and professional and business services like engineering and management jobs. Employment in manufacturing also rose by 23,000 in January, and since President Biden took office, we’ve added 791,000 manufacturing jobs across the country.
“Even with these strong gains in our economy, we have more room to grow by bringing more people into the labor force. That’s why we will continue to pursue President Biden’s agenda of creating good jobs with pathways to the middle class and fighting for policies that support childcare workers and working families.”