WASHINGTON – The U.S. Acting Secretary of Labor Julie Su issued the following statement on the November 2023 Employment Situation report:
“Today, the Bureau of Labor Statistics reported that the American economy added 199,000 jobs in November, and the unemployment rate ticked down to 3.7 percent, continuing 22 straight months of an unemployment rate under 4 percent. Not since 1970 has unemployment been this low for this length of time, demonstrating once again that Bidenomics is working.
“This jobs report shows steady, sturdy and sustainable economic growth, with an average monthly gain of 204,000 jobs over the past three months. In addition, average hourly earnings have grown 4 percent over the year – with some of the strongest increases going to low-wage workers – putting more money in people’s pockets, heading into the holiday season.
“This is what growing the economy from the middle out and the bottom up looks like. Under President Biden, our economy has gained 14.1 million jobs, expanding opportunities for more working families across the country. This administration will continue to focus on making sure all of America’s workers can get high-quality jobs in a strong and stable economy.”
Agency Office of the Secretary
Date December 8, 2023
Release Number 23-2545-NAT
Media Contact: Grace Hagerty
Phone Number 202-693-0257