U.S. Secretary of Commerce Penny Pritzker today released the following statement on the November jobs report, which showed that U.S. employment rose by 178,000 while the unemployment rate decreased to 4.6 percent.
“With today’s jobs report, our labor market expansion has reached 74 consecutive months. During this time, U.S. businesses have added 15.6 million jobs and we’ve watched the unemployment rate drop to its lowest level since August 2007. In November, professional and business services, health care, and construction showed particular strength. This expansion reflects the steady returns that can been reaped through strategic investments in our economy and our people.”
Source: U.S. Department of Commerce