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jobs report
"Anything the MAGA Republicans don't like, they call fake. Anything," Biden said.
The unemployment rate dipped to 3.4%, a new half-century low.
It's evidence the economy remains healthy, yet also a sign that the Federal Reserve may still have to raise interest rates aggressively to slow growth and cool inflation.
Septembers slightly more moderate pace of hiring may be welcomed by the Fed, which has been trying to tame high inflation without causing a recession.
WHAT'S HAPPENING
There are different ways of evaluating whether the economy is good or bad without making up new definitions of recession.
Unemployment fell to 3.8% as the economy continues its pandemic recovery.
How much good news would it take for Joe Biden to shake his bad poll numbers? Probably more than this.
Restaurants in particular are adding workers at a fast pace.
The May jobs report showed little evidence that unemployment benefits are stalling economic growth, despite Republicans' continued attacks.
Marty Walsh urged calm on the eve of a huge jobs report.
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