ECONOMY_ U.S. Unemployment Hit 50-Year Low in September

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ECONOMY   -  ECONOMIC DATA


U.S. Unemployment Hit 50-Year Low in September

Employers also added 136,000 jobs, suggesting the economy hasn’t been affected by global weakening


By Sarah Chaney
Updated Oct. 4, 2019 3:17 pm ET


U.S. unemployment dropped to a half-century low in September and job growth continued at a modest pace, signs the economy is holding up despite a broader global slowdown.

The jobless rate dropped to 3.5% in September from 3.7% in August, marking the lowest rate since December 1969 when it also logged in at 3.5%. Employers added 136,000 jobs in September, and payrolls for August and July were revised up, the Labor Department reported Friday.

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READ MORE: https://www.wsj.com/articles/u-s-september-nonfarm-payrolls-grew-steadily-11570192288?mod=article_inline&mod=hp_lead_pos1

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