“Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.”

American businesswoman and former government official

Elaine Chao is an American businesswoman and former government official. She served as U.S. secretary of labor from 2001 to 2009 under George W. Bush, and as U.S. secretary of transportation from 2017 to 2021 in Donald Trump’s first administration. She is a Republican and the wife of U.S. senator Mitch McConnell. Chao was the first Asian-American woman to serve in a presidential cabinet. Her public career is defined by top roles in the federal government, including labor and transportation, and she resigned as transportation secretary after the January 6 attack on the U.S. Capitol.