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OPA News Release: [04/04/2008]
Contact Name: Jennifer Coxe
Phone Number: (202) 693-4676
Release Number: 08-0450-NAT
Statement of U.S. Labor Secretary Elaine L. Chao on March employment numbers
WASHINGTON — U.S. Secretary of Labor Elaine L. Chao issued the following statement on the March employment situation report released today:
“Today’s report of negative job growth in March shows that the challenges in the housing market and financial sector continue to impact the economy — the largest job losses are in construction and manufacturing. This administration has taken strong, proactive measures to turn around the slowly weakening job market with a stimulus package that will kick in soon, new programs that have helped more than one million homeowners avoid foreclosures and actions that have brought stability to the financial markets.”
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