Watch CBS News

Unemployment rate falls to 50-year low of 3.5%

Employers added a solid 263,000 jobs in September and the unemployment rate dropped to 3.5%. The strong jobs numbers were bad news for investors who fear the Federal Reserve will continue to raise interest rates.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.