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The Department of Commerce is committed to creating the conditions for continued business and job growth by supporting advanced manufacturing, fostering innovation, increasing trade and investment, and equipping our workers with the skills and training needed to succeed in a competitive global economy.

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By the Numbers: U.S. Economy Adds Over 275,000 Jobs in February Exceeding Expectations

Blog
GDP Remains Strong, Wages and Personal Income Continue to Rise Earlier today, the U.S. Labor Department’s Bureau of Labor Statistics (BLS) reported that the U.S. economy added over 275,000 jobs in February – far exceeding expectations. To date, nearly 15 million jobs have been created under President Biden and unemployment has remained under 4 percent—the longest stretch in more than 50 years....

By the Numbers: U.S. Economy Adds Over 350,000 Jobs in January Exceeding Expectations

Blog
Hiring Increases Due to Rise in Consumer Confidence and Spending Kicking off 2024, the U.S. Labor Department’s Bureau of Labor Statistics reported last week that the U.S. economy added over 350,000 jobs in January – far exceeding expectations. The unemployment rate was 3.7 percent for the third month in a row coming in below 4% for two straight years – the longest such streak since the 1960s. In...

U.S. Commerce Secretary Raimondo Outlines Vision for Implementation of the CHIPS and Science Act

Blog
Issues call to action to unite in driving technological progress and ensuring America’s global leadership Yesterday, U.S. Secretary of Commerce Gina Raimondo delivered a speech titled, “The CHIPS Act and a Long-term Vision for America’s Technological Leadership,” at Georgetown University’s School of Foreign Service. In her remarks, Raimondo outlined the historic opportunity provided by the CHIPS...

News: Unemployment is at its Lowest Level in 54 years

Blog
Today, the U.S. Department of Labor’s Bureau of Labor Statistics released the monthly Jobs Report which shows the unemployment rate has dropped to 3.4% with more than a half million jobs created in January and 800,000 manufacturing jobs created in the last two years. “President Biden’s economic plan is working,” said Commerce Secretary Raimondo . “When President Biden took office, the unemployment...

U.S. Secretary of Commerce Gina Raimondo and U.S. Secretary of Labor Marty Walsh Launch Job Quality Toolkit

Press releases
The Toolkit identifies tactics for small and medium-sized businesses to improve job quality and partner with workers to retain a high-performing workforce The U.S. Department of Commerce launched the Job Quality Toolkit , which provides strategies and actions to help small-and-medium-sized organizations recruit and retain a high-performing workforce. The Toolkit also includes eight case studies of...

Remarks by U.S. Commerce Secretary Gina M. Raimondo 51st Annual Washington Council of the Americas (virtual)

Speeches
I want to thank the Council of the Americas, Susan Segal, and Eric Farnsworth, for the invitation to be here with all of you today. We have been working steadily on President Biden’s commitment to sustained engagement with our partners throughout the Western Hemisphere to advance our shared vision for a future that is democratic, middle class, and secure. Our over-arching goal is to support a...

U.S. Secretary of Commerce Gina Raimondo Joins Senator Jeanne Shaheen in New Hampshire to Discuss Importance of Rebuilding Travel and Tourism Industry and Strengthening Manufacturing through the American Jobs Plan

Press releases
U.S. Secretary of Commerce Gina Raimondo joined New Hampshire Senator Jeanne Shaheen yesterday in Hampton, New Hampshire to meet with local travel and tourism business leaders on the impact of COVID-19 on their businesses and how the American Rescue Plan (ARP) is helping economic recovery efforts. Following the tourism roundtable, Secretary Raimondo and Senator Shaheen toured AeroDynamics...