FROM THE OFFICE OF PUBLIC AFFAIRS September 24, 2004 Secretary Snow to Visit Reno, Nevada on Tuesday To Discuss U.S. Economy Treasury Secretary John W. Snow will be in"As a result of the President's economic leadership, we have overcome a recession and seen 12 straight months of job creation, totaling 1.7 million new During this trip to Recent indicators show that President Bush's economic policies continue to move the economy forward. According to the Labor Department, the national unemployment rate declined to 5.4% in August – down 0.9 percentage point from a peak of 6.3% in June 2003 and the lowest rate since October 2001. At 5.4%, the unemployment rate is below the average of the 1970s, 1980s, and 1990s. Employment over the last year was up in 47 of the 50 states and the unemployment rate was down in all regions and in 45 of the 50 states. The following event is open to the media, which must present media credentials or photo ID: Tuesday, Sept. 28 Roundtable with Local Business Leaders -30- |
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