U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Breadcrumb

  1. Home
  2. News

Blog

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....

One Year Later: Secretary Raimondo Reiterates Need for America to Lead on CHIPS in Protecting America’s Economic and National Security

Blog
Emphasizes Need to Produce Leading-Edge Chips for AI One year ago, U.S. Secretary of Commerce Gina Raimondo delivered a speech at Georgetown University’s School of Foreign Service where she outlined her vision in implementing President Biden’s historic CHIPS and Science Act. Last week, she provided an update on its implementation and announced that future projects will be prioritized based on...

Commerce Secretary Gina Raimondo Hosts Launch of HBCU CHIPS Network to Build a Skilled and Diverse Workforce in Producing Semiconductors

Blog
Network Expected to Provide Access and Opportunity for Black Americans Coinciding with Black History Month, Commerce Secretary Gina Raimondo hosted the launch of the HBCU CHIPS Network yesterday, a collaboration between several Historically Black Colleges and Universities (HBCUs) and the Georgia Institute of Technology. This collaboration will help coordinate the resources of these colleges and...

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...

Commerce’s Bureau of Economic Analysis Reports Outdoor Recreation Economy Tops $1 Trillion in 2022

Blog
Travel and Tourism Leads by Industry, Reflecting Growth in Spending on Transportation, Hotels, and Restaurants People are getting out more and outdoor recreation continues to drive America’s economy. According to last month’s report from the Commerce Department’s U.S. Bureau of Economic Analysis (BEA), the outdoor recreation economy topped $1 trillion for the first time with significant growth in...

Creating a Talented Pipeline of Workers through Apprenticeships and Career Pathways Programs

Blog
Earlier this week, Commerce Secretary Gina Raimondo gave virtual remarks at a National Apprenticeship Week event hosted by Metaverse where she underlined the Biden Administration’s commitment to America’s workforce by creating direct pathways to good-paying jobs. “Thanks to President Biden’s Investing in America agenda, the federal government is investing more than a trillion dollars in...

Veterans are Vital to Our Nation’s Success

Blog
In honor of Veterans Day, the Department of Commerce hosted an event to honor the more than 5,000 veteran employees, their family members, and those who have sacrificed their lives in the line of duty. The event also showcased the Department’s commitment to recruiting and hiring more veterans to the Commerce workforce. During the event, Commerce Secretary Gina Raimondo and Deputy Secretary Don...

Minority Businesses Help Drive America’s Economic Success

Blog
Minority entrepreneurs make critical contributions to our economy generating nearly $2 trillion in revenue each year. However, an equity gap remains between minority and non-minority-owned businesses. Last week, Deputy Commerce Secretary Don Graves spoke about the need to close this equity gap at the 40 th Annual Minority Enterprise Development (MED) Week . Hosted by Commerce’s Minority Business...