The U.S. economy added 136,000 jobs in September, while the unemployment rate declined to 3.5%, according to Department of Labor data released Friday.
136,000 jobs were added in September, according to the Bureau of Labor Statistics report, about 6,000 more jobs than were added in August. Unemployment declined to 3.5%.
Economists predicted the unemployment rate would remain the same at 3.7%, according to the New York Times, and that employers would add 147,000 jobs.
The unemployment rate has held steady between 4% and 3.7% for more than a year before the April jobs report showed it drop to 3.6%. Prior to April’s report, the consistent unemployment rate suggested that workers are jumping back into the workforce to fill open jobs, rather than the workers who are currently collecting unemployment welfare, according to WSJ.
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