Summary
Twelve and a half hours before President Bush and John Kerry faced each other in St. Louis last night in their second presidential debate, the Labor Department issued its final monthly employment report to appear before the election. During September, when the unemployment rate remained at 5.4 percent, the department reported that nonfarm employment increased by 96,000 jobs - including 59,000 in the private sector and 37,000 in the public sector. As the dust settles from last night's debate, it's worth reviewing the overall employment picture, both domestically and internationally:
* In August 2003, nonfarm payrolls reached their nadir during the Bush administration. At that point, total employment was 2.6 million jobs below the level of January 2001, when Mr. Bush was inaugurated. Notably, more than 900,000 of those jobs were lost during the three months that followed the September 11 terrorist attacks.See the full content of this document
Extract
Some Good News On Jobs
* Since August 2003, nonfarm employment has increased for 13 consecutive months, cumulatively rising by nearly 1.8 million. That represents an average monthly increase of nearly 140,000. With three months rem...
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