Labor Dept. Reports Strong Jobs Numbers

By Staff Writer October 07, 2024

The economy added 254,000 jobs in September, according to the Labor Dept. jobs report released last week.

Acting Secretary of Labor Julie Su issued the following statement on the September 2024 Employment Situation report: 

“Today’s jobs report shows that our economy continues to thrive, adding 254,000 jobs in September, with the unemployment rate falling to 4.1 percent. With an average of 186,000 jobs added over the past three months, it’s clear that people who need a job are finding a job. That’s how strong our economy is. 

“We’re seeing steady growth across sectors like Private Education & Health Services (+81,000), Leisure & Hospitality (+78,000), Government (+31,000) and Construction (+25,000). At the same time, wages have risen 4.0 percent over the past year, putting more money in working families’ pockets. Since President Biden and Vice President Harris took office in January 2021, our economy has added over 16.2 million jobs, including 729,000 in manufacturing and 940,000 in construction. 

“Four years ago, students were logging into school via Zoom, trick-or-treating was canceled, and we faced unprecedented challenges. Today, as we approach Halloween 2024, our economy is on strong footing with record employment gains, shrinking unemployment gaps, and rising wages. The Biden-Harris administration has delivered on lower unemployment and inflation, creating a vibrant, inclusive economy that works for everyone.” 

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Last modified on Wednesday, 09 October 2024 12:20