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Jobs report is still a 'tale of two communities,' says former New Orleans mayor

While Friday's nonfarm payrolls report continued a streak of job growth, it wasn't "strong enough" to lift part-time workers and the unemployed, according to Marc Morial, former mayor of New Orleans.

The U.S. economy added just 151,000 jobs in August, below economist predictions for about 180,000.

Morial said in an interview on CNBC's "Power Lunch" that while some areas have been highly successful, many places in the U.S. are still suffering from wage stagnation and high pockets of unemployment.

"Look at Baton Rouge where you've had a devastating flood. Well some parts of that city have seen a comeback, tremendous investment, other parts, no — not much in the last 15 to 20 years. So Louisiana is like a lot. It's a tale of two communities," he said.

Morial, who is CEO of the National Urban League, said that one way the government can do that is by investing in infrastructure.