Job Growth Numbers for September 2010
The unemployment rate clocked in at 9.6 percent for September with 95,000 jobs lost. With the November elections only 25 days away, the jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s. The Obama Administration and Democrats in Congress will try to spin today's numbers in a positive light, but they will have a hard time explaining why they should be allowed to stay in power when the economy shows little sign of improvement, with private sector only adding 64,000 positions, the weakest showing since June, and the underemployment rate jumping to 17.1 percent.
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