FINAL JOBS REPORT BEFORE ELECTION DAY SHOWS US EMPLOYERS ADDED 661,000 WORKERS IN SEPTEMBER BY ANDY PUZDER
https://www.foxbusiness.com/economy/september-jobs-numbers-andy-puzder
Following the four best months for job growth since the government began tracking the data in 1939 — 4.8 million jobs in June, 2.7 million in May, 1.7 million in July, 1.4 million in August — the economy added an additional 661,000 jobs in September.
But for the four record-setting months that preceded it, September’s jobs numbers were the best since September of 1983 during the Reagan presidency. While this was a slowdown from four record-setting highs, keep in mind that the numbers slowed to a 37-year high.
There is simply no historical parallel for the magnitude and speed of the current economic recovery.
By comparison, the monthly high mark for job growth during the Obama-Biden recovery was 540,000 jobs in May of 2010.
In total, the U.S. economy has regained 11.4 million jobs or 55 percent of the 20.8 million jobs lost in April to the coronavirus – and that’s with many major states still at least partially shut down.
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