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Department of Commerce

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Statement by Secretary Gutierrez on November’s Employment Report

Washington (Dec. 5)—U.S. Secretary of Commerce Carlos M. Gutierrez today released the following statement on the November Employment Report, which showed that the unemployment rate is 6.7 percent: “Today’s employment report reflects the difficulties in our economy. It is devastating when Americans lose their jobs, and many are worried about their future job security. The administration is focused on implementing the financial rescue package to stabilize our financial system and preserve jobs in our country. As the financial sector strengthens, it will become easier for businesses to receive credit that will allow them to meet their payroll needs and create jobs.” (More)