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US jobless rate hits 49-year low of 3.7%

The US unemployment rate fell to 3.7% in September, the lowest rate since December 1969.
Figures from the Department of Labor also showed the US economy created 134,000 jobs during the month, fewer than were expected.
Significant jobs growth was seen in professional and business services, healthcare and construction.
Average hourly earnings rose at an annual rate of 2.8% in September, down from 2.9% in August.
Employment data for July and August were also revised to show an additional 87,000 jobs were created than first reported.
Hurricane Florence, which battered the US East Coast in mid-September, was cited by the Labor Department as a factor for some employment changes, specifically leisure and hospitality, which lost 18,000 jobs in the period.
The Labor Department said it was "impossible to quantify" the hurricane's net effect on employment.

https://www.bbc.co.uk/news/business-45758887
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