The unemployment rate for September dropped two-tenths of a point from August to 3.7 percent, according to the Bureau of Labor Statistics. The number of unemployed people in the U.S. shrank by 270,000 to 6 million.
This is the lowest unemployment rate since 1969.
Here’s what you need to know
On Friday, the Bureau of Labor Statistics released its jobs report for September.
The number of part-time workers who would have preferred to have full-time jobs rose by 263,000 to 4.6 million. Average hourly earnings for private, non-farm employees also rose this month by 8 cents, reaching $27.24. READ MORE