U.S. Adds 134,000 Jobs in September, Jobless Rate at 48-Year Low

In September, the unemployment rate decreased from 3.9% to 3.7%, the lowest since 1969. Economists had predicted 185,000 jobs and a 3.8% unemployment rate. Average hourly earnings increased by $0.08 to $27.24, marking a 2.8% rise year-over-year. The labor participation rate remained at 62.7%. Revisions showed increased nonfarm payroll employment for July and August. Manufacturing saw a gain of 18,000 jobs, despite concerns about trade policies and Hurricane Florence's impact. The workweek in manufacturing slightly decreased, and leisure and hospitality employment remained stable, possibly due to the hurricane.

What was the predicted unemployment rate by economists for September?

• 3.7%

• 3.8%

• 3.9%

• 4.0%

How much did average hourly earnings increase year over year?

• $0.80

• $0.73

• $0.50

• $0.60

What was the revised nonfarm payroll employment for August?

• 270,000

• 185,000

• 200,000

• 165,000

Which sector showed a gain in employment despite potential trade policy impacts?

• Retail

• Manufacturing

• Construction

• Leisure and Hospitality

What historical significance does the current unemployment rate hold?

• Lowest since 1980

• Lowest since 1990

• Lowest since 1969

• Lowest since 2000