Sept. Jobs Report: 136,000 New Jobs, Unemployment Drops to 3.5% – Lowest in 50 Years…

MAGAnomics – Lowest Unemployment in 50 Years !

The Bureau of Labor Statistics releases the September jobs report. 136,000 jobs were added to the economy and the unemployment rate falls to 3.5%, the lowest since 1969.

Demand for workers remains strong (Table A-1). Overall employment is very stable across all sectors (Table B-1) and wage growth is strong (+2.9%). Additionally, inflation is low; that means more disposable income.  The Main Street economy is strong.

♦Over the month, the number of unemployed persons decreased by 275,000 to 5.8 million. ♦Among the unemployed, the number of job losers and persons who completed temporary jobs declined by 304,000 to 2.6 million in September. ♦Also, the number of persons unemployed for less than 5 weeks fell by 339,000. ♦The labor force participation rate held at 63.2 percent in September.

The change in total nonfarm payroll employment for July was revised up by 7,000 from +159,000 to +166,000, and the change for August was revised up by 38,000 from +130,000 to +168,000. With these revisions, employment gains in July and August combined were 45,000 more than previously reported.  (BLS Report)

This entry was posted in Big Government, Dem Hypocrisy, Donald Trump, Economy, Legislation, media bias, President Trump, Uncategorized. Bookmark the permalink.

48 Responses to Sept. Jobs Report: 136,000 New Jobs, Unemployment Drops to 3.5% – Lowest in 50 Years…

  1. NJF says:

    Once again, POTUS #s go up upon revision, not down. Funny that……Unexpectedly too.

    #I❤️POTUS

    Liked by 11 people

  2. Boknows says:

    America is back!

    America Is Great Again!!

    Suck it Dempocraps and Fakestream media.

    Thank you President Trump. Prayers will continue for you, your family and our country.

    Liked by 5 people

  3. Wow – I bet these statistics will be on all the news channels and on the front page of every paper…………….not. SAD.

    Liked by 3 people

  4. Sloth1963 says:

    Impeach this? I don’t think so,

    Liked by 3 people

  5. Magabear says:

    But, but……..what about the lefts hoped for recession?! Dammit, even the August numbers now match the predicted numbers from Wall Street! All Nancy is left with is a big steaming pile of Schiff. 😃🤣

    Liked by 7 people

  6. G. Alistar says:

    Would that the TDS infected Democrats in the house would work together to keep their promises and do something to help the people. Like USMCA, drug prices, meaningful legislation rather than let the radicals from the valley of the “fruits and nuts” control their actions. Impeachment is already aging poorly. Won’t learn until they lose the House back in 2020.

    Liked by 1 person

    • lurker2 says:

      We need to rip the House from their hands. Everyone must vote straight GOP in November 2020. Don’t even think twice about it.

      Liked by 2 people

      • Austin Holdout says:

        Lurker-Do you think they’ll let me hire some to go in the polling booth with me to force my hand to vote for John “My Job is to Carry Mitch’s Briefcase” Cornyn? I’m not sure I can do it without help.

        Like

  7. Perot Conservative says:

    #MoreWinning!

    Liked by 1 person

  8. icanhasbailout says:

    So much for the gaslighting rumors of a negative print.

    Like

  9. pocaMAGAjunta says:

    unimpeachable
    adj. Difficult or impossible to impeach.
    adj. Beyond reproach; blameless.
    adj. Beyond doubt; unquestionable.

    Liked by 1 person

  10. Perot Conservative says:

    Latino Jobs Numbers smoking hot! 286,000 more Latinos had jobs in September.

    “The national seasonally-adjusted unemployment rate for Hispanics and Latinos fell to a record 3.9% in September – smashing its previous record of 4.2% in August. The number of Hispanics and Latinos employed also set a new record high in September, also breaking a record set the month before, U.S. Bureau of Labor Statistics (BLS) data released Friday show.”

    https://www.cnsnews.com/blog/craig-bannister/39-hispanic-unemployment-rate-sets-record-low-28152000-employed-sets-record

    Liked by 3 people

  11. Blaze says:

    Glad to see our president stressing the great economic numbers at his pressers. The rest of the political garbage like Russia Gate and impeachment is just side noise and the majority of working America could care less. What they want are pay raises and job security which both are at all time highs. This is what gets Trump reelected.

    Liked by 2 people

  12. magatrump says:

    In your face Piglosi!!!!!

    Like

  13. fanbeav says:

    But but but….Paul Krugman stated today that we were headed for a recession. One of the commentators on Maria B. this a.m. said – Krugman has predicted 2 recessions out of the last 8 he has claimed. Classic elite liberal!

    Liked by 2 people

  14. Payday says:

    Investigate the BLS for misinformation. They always miss high for loons and low for Republicans.

    Liked by 3 people

  15. Ozark says:

    Most excellent news.

    Liked by 1 person

  16. dufrst says:

    Jobs are up, wages are up, the stock market is up, optimism is up. No wonder the Dems had to through some chum in the waters with his faux impeachment nonsense! Trump is on a roll and the consumer could not be in a stronger position heading into 2020 (low inflation, interest rates, and low taxes). Hispanic unemployment at an all time low of 3.9%. Black unemployment at an all time low of 5.5%. I would love to see the gap between black and hispanic unemployment close. That would send the unemployment rate down to the lower 3s. Right now, I don’t see the rate going further down, until black unemployment falls further. All and all, great jobs report!

    Manufacturing is suffering down to the global slowdown overseas. China weakness due to the tariffs, is causing weakness all around the world. When the trade deals are completed, in particular, the USMCA (the most important one), manufacturing will begin to pick up again (along with investment). With low rates, it would be a great time for a significant infrastructure program in which 50 year and even 100 year bonds could be issued at these low rates. We should be rebuilding our country and that would lower unemployment levels among the minority groups.

    I believe this Trump economy is being held back by all of the nonsense going on, but it won’t stop our president from pushing the agenda. The Wall is being built, trade deals are being renegotiated, wars are being ended and jobs are being created. Magnificent work Mr. President! MAGA!!

    Liked by 2 people

  17. lurker2 says:

    A Hill-someone else poll that came out a couple of days ago had Trump approval rating at 49%. Of course the fake news media is incredulous, how can this happen when he’s going to be impeached???? 🙂 Well the jobs numbers will probably drive the number over 50 in the next poll.

    Liked by 2 people

  18. TheLastDemocrat says:

    “Unexpected.”

    Liked by 1 person

  19. Robster says:

    Although a Trump supporter, my optimism about the economy is quite guarded given the contraction in manufacturing when expanded US manufacturing (in part due to tariffs) was a key part of Trumps strategy. Meanwhile government spending continues to grow with 22K bureaucrats hired in Sept and we’re headed for about 1.8% GDP in Q3. I can’t imagine Q4 will look all that great.

    Like

  20. And to think so called union “leaders” are against PDJT! How to shoot yourself in the foot…..

    Like

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