AURN News with Ebony McMorris

U.S. Labor Department: Unemployment Fell to 3.5% in September

Ebony McMorris
October 11, 2022

Reading Time: < 1 minute

“Our economy has created 10 million jobs, 668 [thousand] manufacturing jobs — proof that “Made in America” is no longer a slogan,” President Biden said.

The U.S. Labor Department released the September jobs report today showing unemployment fell to 3.5% in September from 3.7% in August. Low unemployment has been a highlighted achievement for the Biden administration ahead of the November midterms.

FILE – In this Sept. 22, 2021 file photo, a hiring sign is placed at a booth for prospective employers during a job fair in the West Hollywood section of Los Angeles. U.S. job growth slowed sharply last month as the highly contagious delta variant disrupted economic activity and employers struggled to find workers. (AP Photo/Marcio Jose Sanchez)

The Federal Reserve is keeping a close eye on job growth to see if it needs to get even more aggressive in slowing the economy. Interest rates have already been raised five times this year in an effort to slow down inflation.

Republicans are blaming rising costs on Democrat policies and are banking on voter dissatisfaction heading into the midterms.

Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.

White House Correspondent Ebony McMorris is a native Washingtonian and University of South Carolina alumna. Her passion is mentoring young adults by teaching community empowerment and media education. She is an NAB member and board member of the Thurgood Marshall Center and was presented the President’s Lifetime Achievement Award for contributing more than 4,000 hours of community service under the Obama Administration.