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

10/6/2006 11:13:00 AM

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To: National Desk, Labor Reporter

Contact: Randy Clerihue of U.S. Department of Labor, 202-693-4676

WASHINGTON, Oct. 6 /U.S. Newswire/ -- U.S. Secretary of Labor Elaine L. Chao issued the following statement on the September employment situation released today:

"The news on the jobs front remains positive. The economy is growing fast enough to create new jobs, but not so fast that inflation is a big concern. Last month's payroll employment was revised upward by 60,000. Benchmark revision to March 2006 payroll employment was encouraging. This is a preliminary figure. The benchmark shows that the economy created 810,000 more jobs in the 12 months ending March 2006 than was originally thought."

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