Press Releases | Economic Growth

News from EPI Weak job growth, unemployment rate stuck

For Immediate Release: Friday, October 7, 2011
Phoebe Silag or Karen Conner, news@epi.org202-775-8810 

Weak job growth, unemployment rate stuck

This morning’s release of the Employment Situation report by the Bureau of Labor Statistics showed that 103,000 jobs were added in September, but that wasn’t enough to lower the unemployment rate, which remains stuck at 9.1%.  As EPI economist Heidi Shierholz explains in today’s Jobs Picture, that number includes around 45,000 Verizon workers coming off the picket lines, so the net new jobs the economy created in September was actually around 58,000.  Click here for the full analysis.

See related work on Jobs | Economic Growth