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Economy Statement By Eric Van Nostrand, US Acting Assistant Secretary For Economic Policy, For The Treasury Borrowing Advisory Committee May 1, 2023

<h3>INTRODUCTION</h3>
<p>The American economy showed continued resilience in the first quarter of 2023.  Real GDP rose 1.1 percent at an annual rate while employers added 345,000 payroll jobs per month.  Amid the strong job growth and persistently low unemployment rates, there were also signs that labor supply grew to match demand.  The overall labor force participation rate (LFPR) improved to within a percentage point of its rate just before...
United States Health Services Bureau Of Labor Statistics Federal Reserve Shile National Labor Turnover

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