The unemployment rate in the United States dropped to 7.8 percent in September, the lowest level since January 2009, when President Barack Obama took office, according to a report released Friday by the Labor Department.
It was welcome news at The White House after what many think was a disappointing debate performance by the president Wednesday night.
"This morning we found out that the unemployment rate has fallen to its lowest level since I took office," Obama said at a campaign stop in Virginia, one of the battleground states in November’s election. "It’s a reminder that this country has come too far to turn back now."
The unemployment rate fell 0.3 percent in September, as employers added 114,000 new jobs. The government also revised previous numbers to show the economy created 86,000 more jobs in July and August than first estimated.
The health care industry added the most jobs 44,000 and for the third month in a row jobs within the government grew, but manufacturing jobs fell for the second straight month.
The president’s opponent, former Massachusetts Governor Mitt Romney downplayed the jobs report. “This is not what a real recovery looks like," said Romney. "If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11 percent."
The report, however, says the decline in the unemployment rate was due to more job seekers finding work, as opposed to giving up and leaving the labor market as was the case in previous reports.
There is one more monthly unemployment report before the Nov. 6 election.
The fact of registration and authorization of users on Sputnik websites via users’ account or accounts on social networks indicates acceptance of these rules.
Users are obliged abide by national and international laws. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts.
The websites’ administration has the right to delete comments made in languages other than the language of the majority of the websites’ content.
In all language versions of the sputniknews.com websites any comments posted can be edited.
A user comment will be deleted if it:
The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected.
Users can initiate the recovery of their account / unlock access by contacting the moderators at email@example.com
The letter must contain:
If the moderators deem it possible to restore the account / unlock access, it will be done.
In the case of repeated violations of the rules above resulting in a second block of a user’s account, access cannot be restored.
To contact the team of moderators, write to firstname.lastname@example.org