Article 4071V US unemployment rate falls to lowest level since 1969

US unemployment rate falls to lowest level since 1969

by
Larry Elliott
from on (#4071V)

Increase in non-farm payrolls of 134,000 in September is smaller than expected

US figures have shown the lowest jobless rate since the year of the first moon landings, keeping the world's largest economy on course for further interest rate rises.

Eagerly awaited figures for jobs and wages showed less inflationary pressure in the world's biggest economy than had been feared, but still pointed to more hikes by the Federal Reserve.

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