In response to the September job numbers, AFL-CIO Chief Economist William Spriggs said: “It is surprising the rate of job creation has slowed, and the rate of labor force participation has stayed almost constant
but this lower job growth is sufficient to keep the share of people with jobs rising slightly, and unemployment falling. It clearly reflects the slowing growth rate of the American workforce as the Baby Boom ages.”
The U.S. economy gained 136,000 jobs in September, and the unemployment rate declined to 3.5%, according to figures released this morning by the U.S. Bureau of Labor Statistics.
