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Department of Commerce

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Statement by Secretary Gutierrez 0n October’s Employment Report

Washington (Nov. 7)—U.S. Secretary of Commerce Carlos M. Gutierrez today released the following statement on the October Employment Report, which showed that the unemployment rate is 6.5 percent: “Today’s report reflects the effect of the distressed credit markets on our economy and is disappointing for many families throughout our country. We strongly believe that any American who wants to work should be able to find and keep a good job.” (More)