U.S. Economy Added 136,000 Jobs In September, Unemployment At 50 Year Low

The U.S. economy added a modest 136,000 jobs in September, sending the unemployment rate to a nearly 50-year low, a mixed bag that some economists said was more evidence that the country could be headed for a slowdown.

President Donald Trump, who is trying to focus part of his 2020 reelection campaign on the strength of the economy, immediately cheered the low unemployment rate.

“Breaking News: Unemployment Rate, at 3.5%, drops to a 50 YEAR LOW,” he wrote on Twitter. Then he appeared to add sarcastically, “Wow America, lets impeach your President (even though he did nothing wrong!).”

(c) 2019, The Washington Post · Eli Rosenberg  

{Matzav.com}