found online by Raymond
From Ted McLaughlin at jobsanger:
The Labor Department has released its official unemployment numbers for the month of September. It shows that the unemployment rate dropped 0.2% to 3.7%. This was not due to a robust job creation, since only 134,000 jobs were created in September — the lowest number in the last six months. Part of it also has to be due to more people giving up on finding a decent job, and are no longer being counted by the federal government (the marginally-attached workers rose by 134,000).
I recall some conservatives during the Obama years insisting that it’s the labor force participation rate that really matters. With the rate over the last two years remaining consistently between 62.7 and 63%, matching the rate under Obama’s last three years in office, Trump and co. haven’t improved anything in that regard.
Quick! Blame lazy liberals!