The U.S. Bureau of Labor Statistics on Friday released its jobs report for the month of September, which cited a payroll employment increase of 156,000 jobs. The unemployment rate also rose, although very slightly from 4.9 percent to 5 percent, according to the report.
Within an hour of the release of the figures, Donald Trump’s senior economic adviser, David Malpass, issued a press release calling the report “weak” and an indication “that the Clinton-Obama economy is failing” people.
Malpass cited the rate for overall unemployment, counting those who were unemployed, underemployed and marginally employed Americans, which, as of Aug. 1 — the last time it was assessed — was 9.7 percent.
“The report shows a troubling long-term trend,” Malpass said. “After seven hard years of the Clinton-Obama administration their policies still can’t produce better-paying jobs and upward mobility.”
“We see many jobs in services, and too few better-paying jobs making the goods Americans use and can export to the rest of world,” he continued. “We actually lost 13,000 manufacturing jobs in September.”
According to the Labor Department’s report, jobs in the food and drink services sector increased by 30,000 in September and 300,000 over the year. In August and September the unemployment rate in the manufacturing sector, according to the most recent data, remained stable at 4.2 percent.
“The ‘recovery’ is seven years of policy failure on virtually every significant metric — growth, income, trade and jobs.” Malpass concluded. “Four more years of Clinton-Obama policies would mean four more years of mediocrity or worse for American workers.”
