September unemployment rate falls to 3.5%
a 50-year low .. as payrolls rise by 136,000
The jobless rate dropped 0.2 percentage points to 3.5%, matching a level it last saw in December 1969. A more encompassing measure that includes discouraged workers and the underemployed also fell, declining 0.3 percent points to 6.9%, matching its lowest in nearly 19 years and just off the all-time low of 6.8%.
Furthermore, “the jobless rate for Hispanics also hit a new record low, while the level for African Americans maintained its lowest level ever.”