Statement by Acting Secretary of Labor Su on January jobs report

Summary:

The US Acting Secretary of Labor Julie Su provided a statement on the January 2024 Employment Situation report. The report highlights a 353,000 job gain in January, bringing the total jobs created under President Biden to 14.8 million. The unemployment rate remains steady at 3.7%, the longest stretch in over 50 years. The jobs report shows balanced growth across sectors, including retail, healthcare, professional services, and manufacturing, with a notable increase in manufacturing jobs by 23,000 in January. The Secretary emphasizes the need to continue pursuing President Biden's agenda to create good jobs, promote pathways to the middle class, and support working families and childcare workers.