Bloomberg Talks Labor Secretary Lori Chavez-DeRemer Talks Jobs Data
Nov 20, 2025
Lori Chavez-DeRemer, U.S. Labor Secretary and workforce advocate, shares insights on the solid September jobs report, noting a payroll gain of 119,000. She emphasizes the need for the Federal Reserve to lower rates to encourage business investment in hiring. Chavez-DeRemer addresses inflation impacts, arguing for real wage growth and the positive effects of policies like tax cuts for families. Highlighting shifts in private sector job growth versus government jobs, she outlines plans to return tariff revenues to support lower-income households.
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September Jobs Report Is Solid
- The September jobs report showed 119,000 new jobs and was described as a solid result for the workforce.
- Lori Chavez-DeRemer credits administration investments and rising real wages as drivers of stronger labor-market participation.
Push For Another Fed Rate Cut
- Encourage further Federal Reserve rate cuts to lower borrowing costs and spur private investment.
- Chavez-DeRemer says business owners she met want cheaper credit to invest in workforce growth.
Private Sector Dominated Job Gains
- Chavez-DeRemer highlights GDP growth and emphasizes private-sector job creation in this report.
- She notes 97,000 of the 119,000 jobs were private-sector, framing a contrast with prior federal hiring.