WASHINGTON, DC – U.S. Secretary of Labor Alexander Acosta issued the following statement regarding the May 2018 Employment Situation report:
“With the unemployment rate falling to 3.8% in May, the lowest in over 18 years, America’s job market remains strong. The unemployment rates for African-Americans and Asian-Americans reached record lows. Adult women and adult men recorded the lowest unemployment rates since 2000, at 3.3% and 3.5% respectively.
“With 223,000 jobs created in May, America’s job creators have now added over 3.4 million jobs since President Trump’s election. That job increase includes more than a million jobs since the President signed his tax cuts package into law five months ago.
“Wages continue to rise, although we want to see even more growth. As the President works to ensure all Americans can access good, family-sustaining jobs, we hope to see even more Americans join the labor force.”