Unemployment Reaches Lowest Rate Since 1969

The U.S. unemployment rate fell in September to 3.7 percent, the lowest rate since 1969.
Oct. 8, 2018

October 8, 2018—The U.S. unemployment rate fell to the lowest number its been since 1969, reported Timesunion.

The Labor Department reported Friday that the rate edged down from 3.9 percent the month before as employers added 134,000 jobs—a figure that was probably depressed by the effects of Hurricane Florence in the South, according to the newspaper report. 

Monthly job growth has averaged 208,000, compared with 182,000 last year. Currently, hiring is so strong that employers are having trouble filling openings and some are being forced to offer higher pay.

Subscribe to our Newsletters

Latest in News

AASP/NJ
Northeast 2025 Education
Classes are filling up for the educational component of AASP/NJ’s NORTHEAST 2025 Automotive Services Show set for March 14-16 at the Meadowlands Exposition Center in Secaucus,...
March 11, 2025
pexelsgustavofring6720502
ADAS Network offers a dynamic space where professionals can access “just-in-time” information and connect with a global community of experts.
March 10, 2025
NABC
NABC 02
The presentation took place at the Joe Hudson collision center in Birmingham, Alabama.
March 10, 2025