Statement of US Labor Secretary Perez on December employment numbersWASHINGTON – U.S. Secretary of Labor Thomas E. Perez issued the following statement about the December 2015 Employment Situation report released today:
“2015 ended with still more robust job creation: 292,000 jobs, making December the second best month of the year and bringing total 2015 job growth to 2.7 million. The longest streak of private-sector job growth on record continues, now at 70 straight months with 14.1 million new jobs over that time. The unemployment rate was unchanged from November, remaining at 5.0 percent.
“We’ve made tremendous progress. Seven years ago, the U.S. economy was in free fall, hemorrhaging 2.3 million private-sector jobs in just the three months before President Obama took office. Millions of families lost their homes and retirement savings. Major financial institutions and the auto industry were on the brink of collapse.
“But today the worst economic crisis in generations is behind u..