Statement by Acting Secretary of Labor Su on August jobs report
Statement by Acting Secretary of Labor Su on August jobs report WASHINGTON – Acting U.S. Secretary of Labor Julie A. Su issued the following statement on the August 2023 Employment Situation report: “Today, the Bureau of Labor Statistics reported that the American economy added 187,000 jobs, an indication that the economy continues its strong and steady growth as we return to normal following the breakneck pace of our rapid recovery. Solid increases in health care and social assistance, along with continued gains in construction and manufacturing, also reflect broad economic growth across different sectors. “As more people entered the labor market looking for work, the labor force participation rate increased to a post-pandemic recovery high of 62.8 percent. The unemployment rate ticked up slightly to 3.8 percent from 3.5 percent in July because more people saw an opportunity to work, and they started looking for a job. This is another sign of the optimism that people are feeling abo
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