US adds modest 136,000 jobs, lowering unemployment to 3.5%
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October 4, 2019
WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%.
The figures show that hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed and businesses have reduced their investment spending. Even so, recent job gains have averaged 157,000 over the past three months, enough to absorb new job seekers and potentially lower unemployment over time.
Besides issuing the jobs data for September, the government on Friday also revised up its earlier estimates of the gai...
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