Unemployment down to 7.8%
In addition to your midterms (hopefully) being over for a while and fall break being only a week away, there’s something else to celebrate this weekend. September’s unemployment numbers were reported today, and dropped to 7.8%—the lowest they’ve been since January 2009.
The unemployment rate in August was 8.1%.
September job creation was apparent in both private and public sectors. 104,000 jobs were added in the private realm, and 10,000 in the public. Those numbers mark the 24th straight month of overall job growth.
This year, the economy has averaged gains of 146,000 jobs per month. That number indicates that by the end of Obama’s first term, he likely will be able to point to a net increase in jobs. Only 62,000 additional jobs are needed to substantiate that claim.
Even though Republicans will still criticize recovery under Obama as being too slow, substantial drops in the unemployment rate are tangible progress we can point to. It’s also great information to bring up with people still on the fence about voting for Obama who are concerned about the economy.
This weekend is our last to register voters before the deadline on October 12. Early voting starts October 18. Individuals can still register to vote during one stop early voting, but to ensure that NC stays blue we want to get as many people registered now. Also, it’s important that we keep getting students to sign pledge cards to commit to actually making it out to the polls. Please sign up here to volunteer this weekend. Even if you only have a little bit of time, you can make a huge difference.
*All numbers taken from the NYTimes reports here.