So strong, in fact, Republican leaders have been going out of their way to pretend not to notice. (via MaddowBlog)
in September, bringing the new total for the year to roughly 3.78 million. This is a very strong total more in line with what we’d expect to see in a full year, not nine months into the year. It alsoThe same report showed the unemployment rate falling to 3.5% — matching a 50-year low.
In fact, the latest figures from the Bureau of Labor Statistics were so good that the major Wall Street indexes suffered big losses on Friday: Strong job growth made it more likely that the Federal Reserve will raise interest rates again, pushing the national closer to a recession as part of a counter-inflationary effort.
Second, the data from September will be revised, and it’s entirely possible that the tally will end up looking even more impressive. But at least the RNC was willing to acknowledge the existence of the jobs report with an odd and unpersuasive news release — which is more than we can say about congressional Republican leaders., House Minority Leader Kevin McCarthy and Senate Minority Leader Mitch McConnell responded to the job numbers by saying literally nothing about the good news. No news releases, no tweets and no public comments. They literally found themselves speechless.
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