In the month of May of this year employment rose to an all-time high in the United States of more than 71 million jobs. The unemployment rate yesterd… - Lyndon B. Johnson

" "

In the month of May of this year employment rose to an all-time high in the United States of more than 71 million jobs. The unemployment rate yesterday dropped to 5.1 percent. For married men the unemployment rate dropped to 2.6 percent--the lowest unemployment rate for married men in the last 6 years. What does this mean? This means that 97.4 percent of all married workers in this country now have jobs. In the last 12 months alone in this country we have added 2 million jobs to the American economy. We have lowered unemployment, even though 1.4 million people have entered the labor market in the past 5 months, compared with a normal full-year increase of 1.2 million. Thus has promise become progress. For these achievements are not the easy product of chance or circumstance. They have resulted from the patient and the determined pursuit of policies, including the largest tax cut in the history of America designed to deter recession and generate growth. And we will continue this pursuit until every American who wants to work can find a job.