WASHINGTON – The U.S. Acting Secretary of Labor Julie Su issued the following statement on the October 2023 Employment Situation report.
“Today, the Bureau of Labor Statistics reported that the American economy added 150,000 jobs in October, and the unemployment rate was 3.9 percent, marking 21 straight months of a jobless rate below 4 percent. These numbers reflect an economy that is growing at a healthy and sustainable pace, with an average monthly gain of 204,000 jobs over the past three months.