THE WHITE HOUSE
Office of the Press Secretary
________________________________________________________________________
For Immediate Release October 6,
2000
STATEMENT BY THE PRESIDENT
Today, thanks to our economic strategy and the hard work of the
American people, we reached another dramatic milestone in our unprecedented
economic expansion -- the unemployment rate has fallen to 3.9 percent,
matching the lowest level in 30 years. Unemployment for African-Americans
fell to the lowest level ever recorded, and for Hispanics it remains at
historic lows. This is more good news for the American people and another
reminder that those who advocate irresponsible tax plans that would
jeopardize our fiscal progress are taking America down the wrong economic
path.
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