Apr. 04, 2008 Print This | Email This     

Statement of U.S. Labor Secretary Elaine L. Chao on March Employment Numbers

WASHINGTON, Apr. 04 /PRNewswire/ --

WASHINGTON, April 4, 2008 /PRNewswire-USNewswire/ -- U.S. Secretary of Labor Elaine L. Chao issued the following statement on the March employment situation report released today:


"Today's report of negative job growth in March shows that the challenges in the housing market and financial sector continue to impact the economy -- the largest job losses are in construction and manufacturing. This administration has taken strong, proactive measures to turn around the slowly weakening job market with a stimulus package that will kick in soon, new programs that have helped more than one million homeowners avoid foreclosures and actions that have brought stability to the financial markets."

U.S. Department of Labor

CONTACT: Jennifer Coxe of the U.S. Department of Labor, +1-202-693-4676

Ads by FindLaw

Legal News