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Statement by Secretary Gutierrez on February’s Employment Report

Washington (March 7)—Secretary of Commerce Carlos M. Gutierrez released the following statement on the February Employment Report that showed the unemployment rate was 4.8 percent: “Despite the lower unemployment rate, today’s job report is disappointing. The nation is facing economic challenges and growing at a slower rate than in previous years, and we are seeing this reflected in the employment market. We have acted quickly to address the issues with the President’s stimulus plan, which will provide a boost to our economy with incentives for both consumers and businesses. We can’t stop there.” (More)