New data from the Bureau of Labor Statistics released today indicates 531,000 jobs were created in October, 2021. The new report also reveals the unemployment rate dropped to 4.6 percent, down from 6.3 percent at the start of the year. Thanks to Democrats’ economic agenda, the economy has grown at a record pace, adding 620,000 jobs a month on average over the course of the year.
In response to these positive figures and what they mean for the country’s ongoing economic recovery, Florida Democratic Party Chair Manny Diaz issued the following statement:
“Today’s jobs report makes it clear: the Biden recovery is very much on track and America is getting back to work. The figures for October, coupled with the revisions to the August and September reports, points to a surging economy that is steadily recovering from both the effects of the pandemic and its mismanagement under the Trump administration.
“Despite the expected naysaying and obstructionism from Republicans at every level, the Biden administration is successfully implementing its plan to get the American people vaccinated, bring the pandemic under control and drive job creation as we work our way through this recovery to build a better economy than ever before.”