The U.S. unemployment rate fell in September to a new five-decade low of 3.5 percent, while employers added a modest 136,000 jobs.
The September unemployment rate fell from 3.7 percent in August. The average hourly wages slipped by a penny. Hourly pay rose 2.9 percent from a year earlier, lower than 3.4 percent at the beginning of the year, the Labor Department said Friday in its monthly jobs report.