Report: Unemployment And Jobs Numbers See Little Improvement In Obama’s Final Run

REUTERS/Charles Platiau

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Robert Donachie Capitol Hill and Health Care Reporter
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The unemployment rate ticked up and the number of new jobs increased marginally in September in the final quarter of Barack Obama’s presidency.

The U.S. economy created 156,000 new jobs, mainly in the professional, business, and health care fields, according to the Bureau of Labor Statistics September employment report. So far in 2016, the average number of jobs created per month was 178,000, down from an average of 229,000 per month in 2015.

Professional and business sectors added 67,000 jobs in September, and the sectors have added 582,000 so far in 2016.

The unemployment rate rose to 5 percent, up from a stagnant 4.9 percent for the since June. The number are 7.9 million unemployed persons, up almost a hundred thousand from August.

The unemployment rates for Hispanics showed the most change, increasing to 6.4 percent in September.

There are currently 1.8 million marginally attached people in the labor force. Marginally attached workers are people not in the labor force, but available to work, and have looked for a job at sometime in the last 12 months.

Average hourly wages rose by 6 cents to $25.79.

“House Republicans understand that our economy would be so much stronger if we took action on pro-growth policies. Too many Americans are still struggling to find full-time work, grow their paychecks, and support their families,” Rep. Kevin Brady, Ways and Means chairman, said in a statement.

“This is the slow-growth status quo that has come to define the Obama Administration’s weak economic leadership,” Brady added. 

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