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 story : Biden touts drop in unemployment rate as U.S. adds fewer jobs than expected #FinanceUSA #StockMarketNEWS President Joe Biden on Friday touted a drop in the U.S. unemployment rate to 4.8%, calling it

@stockMarketNEWS 16 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Biden touts drop in unemployment rate as U.S. adds fewer jobs than expected #FinanceUSA #StockMarketNEWS
President Joe Biden on Friday touted a drop in the U.S. unemployment rate to 4.8%, calling it a "significant improvement" from when he took office. The data came as part of the September jobs report, released Friday, which also showed that just 194,000 jobs were created in the month -- well below expectations. As MarketWatch reports, the drop in the jobless rate to 4.8% from 5.2% was partly due to the size of the labor force shrinking by 183,000 last month.


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