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Bessent says private sector added over 1 million jobs since inauguration

Scott Bessent @SecScottBessent X · Tue 27 Oct, 17:22 ET

“More than 1 million private-sector jobs have been created since Inauguration Day, while the federal workforce has shrunk by 328,000, bringing it to its lowest level since the 1960s.”

“165K+”

“Source: Bureau of Labor Statistics”

Official post · not independently verified

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Our summary

Treasury Secretary Scott Bessent wrote: "More than 1 million private-sector jobs have been created since Inauguration Day, while the federal workforce has shrunk by 328,000, bringing it to its lowest level since the 1960s." His attached graphic adds "165K+" goods-producing jobs this year (per image text). His graphic's source line reads "Source: Bureau of Labor Statistics" (per image text); the post links no data.

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