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Statement of U.S. Labor Secretary Elaine L. Chao On October Employment Number

03.11.2006 15:00 Political Press Releases

To: National Desk

Contact: Jim Schaefer of the Department of Labor, 202-693-4676

WASHINGTON, Nov. 3 /U.S. Newswire/ -- U.S. Secretary of Labor Elaine L. Chao issued the following statement on the October employment situation released today:

"Today's report showed that the unemployment rate fell to the lowest point in five years, to 4.4 percent. We've seen 38 straight months of job growth and nearly 6.9 million net new jobs created since August 2003. And job growth over the prior two months was also more robust than previously thought -- 378,000 net new jobs were added in August and September."

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U.S. Labor Department releases are accessible on the Internet at http://www.dol.gov. The information in this news release will be made available in alternate format upon request (large print, Braille, audio tape or disc) from the COAST office. Specify which news release when placing a request at 202-693-7765 or TTY 202- 693-7755. The U.S. Department of Labor is committed to providing America's employers and employees with easy access to understandable information on how to comply with its laws and regulations. For more information, visit http://www.dol.gov/compliance.

http://www.usnewswire.com/

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/© 2006 U.S. Newswire 202-347-2770/

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