U.S. job creation roared higher in September as payrolls surged by 254,000, but There are Strings Attached
President Joe Biden on Friday October 4, rejected Republican Sen. Marco Rubio’s claim that the robust jobs report was “fake” as the president heralded the latest positive economic news for his administration.
President Joe Biden on Friday October 4, rejected Republican Sen. Marco Rubio’s claim that the robust jobs report was “fake” as the president heralded the latest positive economic news for his administration.
In a surprise appearance in the White House Briefing Room, Biden welcomed the jobs report and the deal to end the dockworkers strike before taking several questions from reporters. He was asked about Rubio’s comments.
Earlier Friday, Rubio (Fla.) suggested that the latest data was not to be trusted, writing on X, “Another fake jobs report out from Biden-Harris government today.”
Rubio said that “16 of the last 17 reports have been significantly revised downwards after media helps them with their fake headlines.
According to the Friday’s DoL release, Nonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate fell to 4.1%, down 0.1 percentage point, as the survey of household employment showed an even stronger picture, with a gain of 430,000.
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