“Over 250,000 jobs added in September; unemployment dropped to 4.1%” — President Biden

President Biden has announced significant economic progress following the latest employment report.

“Great news for American workers and families: Today, we learned our economy gained over 250,000 new jobs in September,” he stated, highlighting the robust job growth that has characterized recent months.

The report revealed that unemployment has dropped to 4.1%, a promising indicator of the nation’s economic recovery.

Also Read: NYC migrant influx and its multifaceted challenges

Biden added, “With today’s report, we’ve created 16 million jobs, unemployment remains low, and wages are growing faster than prices.”

This statement underscores the administration’s ongoing commitment to fostering a strong labor market and improving the financial well-being of American households.

The addition of over 250,000 jobs in September reflects a continuing trend of recovery as the nation navigates the complexities of post-pandemic economic challenges. As the labor market strengthens, the administration hopes to maintain momentum, ensuring that wage growth outpaces inflation and that more individuals find opportunities in a thriving economy.

Biden’s remarks come at a critical time as policymakers and citizens alike focus on the future economic landscape, aiming to build on these gains and address the needs of workers across various sectors.

With job creation and low unemployment as central goals, the administration is poised to continue its efforts to empower American families and promote sustainable economic growth.

  • Related Posts

    NYC, Israel Forge Economic Future Together with Historic Council Launch

    New York City Mayor Eric Adams and Israeli Minister of Economy and Industry Nir Barkat signed a Declaration of Intent today, marking the creation of the NYC–Israel Economic Council. This…

    Continue reading
    Mayor Adams Unveils NYC First-Ever Crypto Summit, Declares Bold Vision for Blockchain-Fueled Future

    In a powerful declaration of New York City’s commitment to becoming the global hub for digital finance, Mayor Eric Adams today announced the city’s first-ever New York City Crypto Summit,…

    Continue reading

    One thought on ““Over 250,000 jobs added in September; unemployment dropped to 4.1%” — President Biden

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Stephen Catullo Retires as CEO of NYC Health + Hospitals/Coler After Decades of Distinguished Service

    Stephen Catullo Retires as CEO of NYC Health + Hospitals/Coler After Decades of Distinguished Service

    BP Gibson Launches Community Clean-Up Drive with ASEZ WAO

    BP Gibson Launches Community Clean-Up Drive with ASEZ WAO

    Op-Ed: Before it was Memorial Day

    Op-Ed: Before it was Memorial Day

    Bronx Borough President Demands Accountability After ICE Detains Immigrant Student During Court Appearance

    Bronx Borough President Demands Accountability After ICE Detains Immigrant Student During Court Appearance

    Mayor Adams Unveils $30M Plan to Turn Vacant NYC Lots into Lush Green Spaces

    Mayor Adams Unveils $30M Plan to Turn Vacant NYC Lots into Lush Green Spaces

    NYC Council Member Shares Immigration Journey with PS 244 Students, Applauds School’s Trailblazing AAPI Curriculum

    NYC Council Member Shares Immigration Journey with PS 244 Students, Applauds School’s Trailblazing AAPI Curriculum