US unemployment falls to 3.7 percent _ lowest since 1969
Share
Tweet
October 5, 2018
WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast.
The Labor Department reported Friday that the rate edged down from 3.9 percent the month before as employers added 134,000 jobs — a figure that was probably depressed by the effects of Hurricane Florence in the South. Still, it extended an extraordinary 8½-year streak of monthly job growth, the longest on record.
That run has added nearly 20 million people to the na...
For access to this article please
sign in or
subscribe.
Reader Comments(0)