Unemployment Rate Falls to 49-Year Low
NEW NUMBERS FROM THE LABOR DEPT INDICATE UNEMPLOYMENT RATE FELL TO 3.7% IN SEPTEMBER, THE LOWEST RATE IN 49 YEARS
(CNN) – New unemployment numbers indicate the rate of joblessness in the U.S. is the lowest it’s been in decades.
According to new numbers from the Department of Labor, the unemployment rate fell to 3.7% in September.
That’s the lowest rate in 49 years since December of 1969.
134,000 jobs were added last month.
Still, that’s below expectations and below the monthly average for the year.
The Labor Department says hurricane Florence impacted results for the month.