September Jobs Report: Economic Recovery 'Disappointingly Slow'

image
Published: 22 Oct, 2013
2 min read

The Bureau of Labor Statistics released its jobs report Tuesday indicating the economic recovery is continuing at a snail's pace. When compared with other contemporary recessions, including those from '01, '91, and '81, the Great Recession remains unparalleled. Likewise, recovery in each of the earlier recessions picked up considerably two years following peak unemployment.

Credit: Center on Budget and Policy Priorities

Credit: Center on Budget and Policy Priorities

According to the BLS, 148,000 jobs were added in September while the unemployment rate remained relatively unchanged at 7.2 percent. Chad Stone, chief economist at the Center on Budget and Policy Priorities, called growth "disappointingly slow."

"Today’s jobs report shows that the labor market recovery remains disappointingly slow, with employment still well below normal levels and long-term unemployment still near historic highs... The temporary federal Emergency Unemployment Compensation (EUC) program, which President Obama and Congress authorized through the end of the year, provides additional weeks of unemployment insurance (UI) benefits to workers who exhaust their regular state UI benefits before they can find a job.  In most states, that’s after 26 weeks and, as the chart shows, roughly four out of 10 jobless workers have now been out of work and looking for a job for 27 weeks or more."
Credit: CPPP

unemployment

Unemployment has yet to reach pre-2007 levels, and involuntary part-time workers have remained the same at 7.9 million.

From the BLS report:

Among persons who were neither working nor looking for work in September, 2.3 million were classified as marginally attached to the labor force, down by 215,000 from a year earlier. These individuals had not looked for work in the 4 weeks prior to the survey but wanted a job, were available for work, and had looked for a job within the last 12 months. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, was 852,000 in September, essentially unchanged from a year earlier.
Credit: CPPP

Credit: CPPP

You Might Also Like

Trump sitting in the oval office with a piece of paper with a cannabis leaf on his desk.
Is Trump About to Outflank Democrats on Cannabis? Progressives Sound the Alarm
As President Donald Trump signals renewed interest in reclassifying cannabis from a Schedule I drug to Schedule III, a policy goal long championed by liberals and libertarians, the reaction among some partisan progressive advocates is not celebration, but concern....
08 Dec, 2025
-
5 min read
Malibu, California.
From the Palisades to Simi Valley, Independent Voters Poised to Decide the Fight to Replace Jacqui Irwin
The coastline that defines California’s mythology begins here. From Malibu’s winding cliffs to the leafy streets of Brentwood and Bel Air, through Topanga Canyon and into the valleys of Calabasas, Agoura Hills, and Thousand Oaks, the 42nd Assembly District holds some of the most photographed, most coveted, and most challenged terrain in the state. ...
10 Dec, 2025
-
6 min read
Ranked choice voting
Ranked Choice for Every Voter? New Bill Would Transform Every Congressional Election by 2030
As voters brace for what is expected to be a chaotic and divisive midterm election cycle, U.S. Representatives Jamie Raskin (Md.), Don Beyer (Va.), and U.S. Senator Peter Welch (Vt.) have re-introduced legislation that would require ranked choice voting (RCV) for all congressional primaries and general elections beginning in 2030....
10 Dec, 2025
-
3 min read