Jobless Rate Stays Stuck at 9.1 Percent Despite Uptick


By FoxNews.com

The nation’s unemployment rate remained stuck at 9.1 percent in September despite an uptick in hiring, as the latest labor report fueled debate in Washington over how to jump-start an economy that President Obama acknowledges has weakened since the start of the year.

The Labor Department said Friday employers added 130,000 jobs in September. Nearly half of those gains, though, were due to the rehiring of 45,000 Verizon employees who had gone on strike.

The hiring did little to draw down the number of unemployed in America, estimated at about 14 million. Since April, the jobless rate has hovered between 9 and 9.2 percent.

The report quickly was pulled into the debate on Capitol Hill over whether to pursue Obama’s $447 billion jobs bill — a mix of tax relief, infrastructure spending and other measures — or pursue a different route.

House Speaker John Boehner said the “sad numbers” show the federal government cannot keep pursuing policies of “more Washington spending, threats of higher taxes on small businesses, and excessive government regulations.”

He urged both sides to find “common ground on common-sense solutions.”

“The fact that our unemployment rate remains this high — over two and a half years after Democrats’ trillion-dollar stimulus plan — is a clear signal that we need to change course,” said Rep. Dave Camp, R-Mich., chairman of the House Ways and Means Committee.

To read more, visit:  http://www.foxnews.com/politics/2011/10/07/jobless-rate-stays-stuck-at-1-percent-despite-uptick-in-hiring/

Short URL: https://reteaparty.com/?p=3698

1 Comment for “Jobless Rate Stays Stuck at 9.1 Percent Despite Uptick”

Leave a Reply

BREAKING NEWS

Tea Party News

Our Sponsors



SIGN UP TO RECEIVE OUR
FREE NEWSLETTER!

Visit Our Sponsors

FEATURED VIDEOS

© 2011 RE Tea Party. All Rights Reserved. Log in -