U.S. Adds 136,000 Jobs in September, Jobless Rate Falls to 3.5%

The transcript discusses job revisions for July and August, adding 45,000 jobs, and a drop in the unemployment rate to 3.5%, the lowest since 1969. It highlights job creation in the private sector and government, with stagnant wages and unchanged labor force participation. Unemployment rates for African Americans and Hispanics reach record lows. Retail and manufacturing sectors face job losses, while construction sees gains. The report's implications for the Federal Reserve and Wall Street are uncertain.

What was the African American unemployment rate reported?

What does the text suggest about the Fed's potential actions based on the report?