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OPA News Release: [09/01/2006]
Contact Name: Jim Schaefer
Phone Number: (202) 693-4676
Release Number: 06-1551-NAT
Statement of U.S. Labor Secretary Elaine L. Chao
On August Employment Numbers
WASHINGTON U.S. Secretary of Labor Elaine L. Chao issued the following statement on the August employment situation released today:
"We enter this Labor Day holiday with the 36th straight month of consecutive job growth and a strong economy that is producing steady, consistent gains for America's workers. In August, the economy produced 128,000 net new jobs, for a total of more than 5.7 million new jobs since August 2003. And the unemployment rate fell to 4.7 percent, which is a full point lower than the average 5.7 percent unemployment rate of the 1990s."
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