JULY EMPLOYMENT REPORT

GUTIERREZ STATEMENT ON JULY EMPLOYMENT REPORT

WASHINGTON, D.C. - Commerce Secretary Carlos M. Gutierrez today released the following statement on the July employment report:

“Today’s employment report is very good news that accentuates the positive trend of America’s economic growth. President Bush has created the healthy economic environment that is encouraging businesses to hire, and is raising the standard of living in America.

“President Bush’s ambitious economic agenda has helped more than four million Americans find employment since May 2003.

“America’s economy is on solid ground and remains the strongest developed economy in the world thanks to low inflation, low taxes, good incomes and solid job creation.”

# # # FOR IMMEDIATE RELEASE, Friday, August 5, 2005

Source: commerce.gov/

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