Statement of Vice President Gore on Today's Economic News

Office of the Vice President

For Immediate Release May 14,1998


Today's report shows that, as the economy remains strong, inflationremains low and realaverage hourly wages continue to grow at record levels.

Since our Administration took office, the inflation rate has been atits lowest level in threedecades. At the same time, the unemployment rate is at its lowest level in 28 years. All of this isgood news for America's families.

Also good news for families is today's report on real average hourlywages. Up 2.9 percentover last year, they are growing at the fastest rate in a quarter-century. Americans continue to havemore money in their pockets.

To keep this good news coming and our economy on the right track, thePresident and I arecommitted to continuing our three-part economic strategy of fiscalresponsibility, investing in ourpeople, and tearing down trade barriers to American goods.

What's New - May 1998

Access Native America Net Day

Delaware State Legislature

Transportation Bill

International Crime Control Strategy

The New Economy

Historic Budget Surplus Numbers

The People of Germany

Climate Change Event

Welfare to Work Successes

Chancellor Kohl

Ronald Reagan Building Dedication

Patients' Bill of Rights

Today's Economic News

Italian Prime Minister Prodi

Funding of New Community Police Officers

Tobacco Legislation

Press Conference

NATO Expansion Ratification

Education Issues with Mayors Conference

Naval Academy Commencement Address

Analysis, Patients' Bill of Rights

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