Jobless Rate Drops to 7.8% in September
The unemployment rate declined from 8.1% in August to 7.8% in September, with 114,000 jobs added last month, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). There has been positive private-sector job growth for more than two and a half years. AFL-CIO President Richard Trumka says this morning’s jobs report:
confirms that the economy is finally beginning to build some momentum, as we work to dig out of the devastatingly deep hole that President Obama inherited from George W. Bush and a generation of flawed policies. Now we need the President and Congress to build on this momentum and keep their focus on job creation, including by passing the American Jobs Act.


