Friday, October 04, 2019

Winning! Jobless rate at 50 year low

More winning!

From MarketWatch:
The numbers: The economy added 136,000 new jobs in September, the government said Friday. Economists polled by MarketWatch had forecast a 150,000 increase.

This is the slowest pace of job growth in four months, as businesses grew more cautious about hiring, but employment gains for August and July revised up by a combined 45,000.

And in a separate survey, the U.S. unemployment rate dropped to 3.5%, the lowest rate since December 1969. The number of unemployed people fell by 275,000 over the month.

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