September Jobs Report: Recovery Likely to Stall Without Federal Stimulus
By Dr. Bernard E. Anderson, Professor Emeritus, Wharton School, University of Pennsylvania and National Urban League Senior Economic Advisor
In September, private sector employment grew by 877,000, state and local employment declined 231,000 and the unemployment rate fell to 7.9%. The leisure hospitality industry gained 318 thousand jobs, two-thirds of the total job growth. Most industries showed some job growth.