THE WHITE HOUSE
Office of the Vice President
For Immediate Release May 14,1998
STATEMENT OF VICE PRESIDENT GORE ON TODAY'S ECONOMIC NEWS
Today's report shows that, as the economy remains strong, inflationremains low and realaverage hourly wages continue to grow at record levels.
Since our Administration took office, the inflation rate has been atits lowest level in threedecades. At the same time, the unemployment rate is at its lowest level in 28 years. All of this isgood news for America's families.
Also good news for families is today's report on real average hourlywages. Up 2.9 percentover last year, they are growing at the fastest rate in a quarter-century. Americans continue to havemore money in their pockets.
To keep this good news coming and our economy on the right track, thePresident and I arecommitted to continuing our three-part economic strategy of fiscalresponsibility, investing in ourpeople, and tearing down trade barriers to American goods.
What's New - May 1998
Access Native America Net Day
Delaware State Legislature
International Crime Control Strategy
The New Economy
Historic Budget Surplus Numbers
The People of Germany
Climate Change Event
Welfare to Work Successes
Ronald Reagan Building Dedication
Patients' Bill of Rights
Today's Economic News
Italian Prime Minister Prodi
Funding of New Community Police Officers
NATO Expansion Ratification
Education Issues with Mayors Conference
Naval Academy Commencement Address
Analysis, Patients' Bill of Rights
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