After taking a couple months to actually acknowledge some bad news in jobless numbers under President Trump, CNSNews is back in pro-Trump rah-rah mode for September’s unemployment figures. The head cheerleader, of course, is Susan Jones:
Hurricanes Harvey and Irma are long gone, and despite dire predictions, they did not dampen the September jobs report in most key areas.
The Bureau of Labor Statistics on Friday said the labor force participation rate of 63.1 percent reached a high for the year in September, up two-tenths of a point from August.
The number of employed Americans reached 154,345,000 in September, setting a sixth record since January. As the number of employed Americans reached an all-time high, the number of unemployed Americans in September — 6,801,000 — hasn’t been this low since May 2007.
The already low unemployment rate dropped another two-tenths of a point to 4.2 percent last month. That is the lowest since early 2001.
BLS noted that the recent hurricanes had “no discernible effect on the national unemployment rate.”
The number of Americans not in the labor force declined a bit in September to 94,417,000. The record, set in the final full month of the Obama presidency, stands at 95,102,000 Americans not in the labor force.
It’s not until the seventh paragraph that Jones gets around to mention the real news: that 33,000 jobs were lost in September, largely due to the effects of Hurricanes Harvey and Irma. Jones didn’t mention, though, that this is the first time in 83 months that there wasn’t a net creation of jobs.
The only other article this time around is yet another piece by Terry Jeffrey on his obsession with comparing manufacturing jobs with government jobs.