U.S. Chamber Comments on Abysmal Labor Market

WASHINGTON, D.C.—Following today’s report that only 64,000 new jobs were created in the private sector in September, the U.S. Chamber of Commerce’s Chief Economist, Dr. Martin Regalia, issued the following statement:

“The employment data released today showed another month of lackluster job growth in the private sector and continued decline in the total number of jobs. While the majority of jobs lost were from temporary government census workers, the paltry private sector gains continue to disappoint.

“Such feeble job growth is insufficient to drive down the unemployment rate. Furthermore, the number of people working part time for economic reasons increased substantially in September as did the marginally attached. This data is clearly moving in the wrong direction.

“The Chamber will continue to advocate policies that will promote jobs and boost economic growth and we will remind voters where candidates stand on policies that create jobs in America.”

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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