Statement by the President: Unemployment (10/6/00)
                              THE WHITE HOUSE

                       Office of the Press Secretary

For Immediate Release                                            October 6,

                        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


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