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OPA News Release: [11/02/2007]
Contact Name: Jennifer Coxe
Phone Number: (202) 693-4676
Release Number: 07-1720-NAT
Statement of U.S. Labor Secretary Elaine L. Chao
on October employment numbers
WASHINGTON — U.S. Secretary of Labor Elaine L. Chao issued the following statement on the October employment situation report released today:
"The creation of 166,000 net new jobs in October — twice the market expectations — combined with strong third quarter growth of 3.9 percent shows just how resilient and diverse our economy is. We've now seen 50 straight months of job creation and challenges in housing-related sectors are being offset by growth in other areas of the economy."
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