As Unemployment For Hispanic And African-Americans Hits (Another) Record Low Minority Voters Know That Democrats May Talk The Talk But President Trump Walks The Walk
_______________________________
The Facts:
HIRING REMAINED STRONG IN SEPTEMBER CONTINUING TO PULL DISCOURAGED AND PART-TIME WORKERS OFF THE SIDELINES
The U.S. gained a net 181,000 jobs in today's report.
The New York Times : The U.S. continued "steady" pace of hiring in September.
CNN's Christine Romans : "more people are working, people are coming off the sidelines and looking for jobs."
The strong labor market continues to lift workers left behind by the recovery under President Obama, including adults with less than a high school education who saw their lowest employment rate ever in September.
MINORITIES CONTINUE TO BENEFIT FROM HISTORICALLY LOW UNEMPLOYMENT
The unemployment rate remained below 4% for the 7th month in a row , falling to 3.5% in September, a 50 year low.
The Wall Street Journal : historic unemployment shows that "the labor market continues to provide opportunities for Americans in search of work."
Fox Business : the last time unemployment was this low was "when we landed on the moon."
African American unemployment remained at a record low 5.5% in September.
Hispanic unemployment fell to a record low 3.9% in September.
___________________________
AMERICAN HIRING REMAINED STRONG IN SEPTEMBER CONTINUING TO PULL DISCOURAGED AND PART-TIME WORKERS OFF THE SIDELINES
The U.S. Continued Adding Jobs At A "Steady" Pace In September As The Labor Market Gained A Net 181,000 Jobs In Today's Jobs Report
The New York Times : The U.S. Continued "Steady" Pace Of Hiring In September. "Breaking News: The U.S. added 136,000 jobs in September, continuing a steady pace of hiring, while the unemployment rate fell further." ( Twitter Feed , 10/4/19)
Despite A Weak Global Economy American Hiring "Remains Strong," Adding 136,000 Jobs In September. "Amid signs that the global economy is slowing, American hiring nonetheless remains strong. In September, American employers added 136,000 jobs. The unemployment rate fell to 3.5%, which is the lowest rate since December 1969." ( CNN Business , 10/4/19)
- Upward Revisions To Previous Months Added 45,000 Jobs. "However, there was some additional good news because the previous two months saw upward revisions. August rose sharply, from an initial estimate of 130,000 to 168,000 while July increased from 159,000 to 166,000 for a net gain of 45,000." ( CNBC , 10/4/19)
Today's Jobs Report Was "Good News For Workers, Investors, And Indeed Most Americans." "Fears of an immediate downturn in the U.S. economy have been put on the back burner for the time being. The September jobs report, including the decline in the unemployment rate, checks off the boxes as being good news for workers, investors, and indeed most Americans." ( Twitter Feed , 10/4/19)
CNN's Christine Romans "More People Are Working, People Are Coming Off The Sidelines And Looking For Jobs." CHRISTINE ROMANS: "Still the unemployment rate, the lowest since December 1969. So, more people are working, people are coming off the sidelines and looking for jobs." (CNN's "New Day," 10/4/19)
Click To Watch
FBN's Maria Bartiromo: Democrats "Don't Want To Touch" Robust Jobs Market. MARIA BARTIROMO: "There's a reason we haven't heard one Democrat hopeful talk about the economy. Have you heard any of these people talk about the economy? They don't want to touch it. They don't want to touch it. 50-year low on unemployment. Stay away, let's talk about the Green New Deal." (Fox Business' "Morning With Maria," 10/4/19)
Click To Watch
The Strong Labor Market Continues To Lift Workers Left Behind By The Recovery Under President Obama As The Number Of Discouraged Workers Fell By More Than 100,000 In September
The Amount Of Americans Working Part Time But Who Want Full Time Jobs Fell To Its Lowest Rate Since December 2000. "The nation's underemployment rate, which looks at people who are unemployed as well as those who are working part time but would prefer full time work, fell to 6.9%. That's the lowest reading for that measure since December 2000." ( CNN Business , 10/4/19)
The Number Of Discouraged Workers, Which Includes Those Who Had Given Up Looking For Work, Fell By More Than 100,000 In September. "The number of discouraged workers also fell was down to by more than 100,000 in September. That group includes people who are not in the labor force because they had stopped looking for work." ( CNN Business , 10/4/19)
The Unemployment Rate For Adults With Less Than A High School Education Fell To 4.8%, Its Lowest Point Ever . "The unemployment rate for adults with less than a high school education fell to 4.8%, the first time that measure has ever been below 5% on data going back to 1992." ( WTVR , 10/2/19)
MINORITIES CONTINUE TO BENEFIT FROM HISTORICALLY LOW UNEMPLOYMENT AS HISPANIC- AND AFRICAN-AMERICANS BOTH SAW RECORD LOW UNEMPLOYMENT IN SEPTEMBER
Unemployment Fell To A 50 Year Low, The 7th Month In A Row Unemployment Has Remained Below 4%
The Unemployment Rate Fell To 3.5% In September, A 50 Year Low . "The unemployment rate fell to 3.5 percent, a 50-year low. The labor force participation rate was little changed at 63.2 percent. Average hourly earnings, meanwhile, rose 2.9 percent over the past year to $28.09. That was slightly lower than projections of 3.2 percent." ( Fox Business , 10/4/19)
- The Unemployment Rate Has Remained Below 4% For The Last 7 Months And Americans Who Had Dropped Out Of The Labor Market Have Rejoined. "The unemployment rate has remained below 4 percent for the last seven months. And many Americans who had dropped out of the labor force because they were too discouraged to look for work or couldn't find sufficiently attractive offers have now rejoined." ( The New York Time s , 10/4/19)
The Wall Street Journal : Historic Unemployment Shows That "The Labor Market Continues To Provide Opportunities For Americans In Search Of Work." "U.S. employers added jobs at a steady pace last month, and the unemployment rate hit a 50-year low, signaling the labor market continues to provide opportunities for Americans in search of work despite a broader economic slowdown." ( The Wall Street Journal , 10/4/19)
Fox Business: The Last Time Unemployment Was This Low Was "When We Landed On The Moon." EDWARD LAWRENCE "136 ,000 jobs is what this economy created. 114,000 in the private sector. 22,000 in the government public sector there. The unemployment rate dropped to 3.5 %. The last time it was that low was when we landed on the moon, 1969 in that year. Revisions were both up for July and August; 7,000 jobs got added. In July revised up in August 38,000 jobs for net revision of up. 45,000 jobs the U6 -is 6.9%." (Fox Businesses' "Mornings With Maria, 10/04/19)
Minorities Have Reaped The Benefits Of President Trump's Economy As Both Hispanic-And African Americans Saw Record Low Unemployment In September
The Unemployment Rate For Women Was 3.4%, Tying Its The Lowest Rate Since 1953 . ( Bureau Of Labor Statistics , Accessed 10/4/19)
Hispanic Unemployment Fell To A Record Low 3.9% In September. ( Bureau Of Labor Statistics , Accessed 10/4/19)
African American Unemployment Remained At A Record Low 5.5% In September . ( Bureau Of Labor Statistics , Accessed 10/4/19)
CNBC Touts "Historic Low" Hispanic & Black Unemployment Rates. KATE RODGERS: "Hispanic unemployment fell to 3.9%, that's a survey low; black unemployment at 5.5%, also a survey low but unchanged; and the labor force participation rate at 63.2% also unchanged." (CNN's "New Day", 10/04/19)
;
Economy Jobs, Wages and Unemployment Read more research


