(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions.
* Sept nonfarm payrolls +136,000 (consensus +145,000) vs Aug +168,000 (prev +130,000), July +166,000 (prev +159,000)
* Sept labor force participation rate 63.2 pct vs Aug 63.2 pct (prev 63.2 pct)
* Sept jobless rate 3.5 pct (consensus 3.7 pct) vs Aug 3.7 pct (prev 3.7 pct)
* Average hourly earnings all private workers unchanged (cons +0.3 pct) vs Aug +0.4 pct (prev +0.4 pct)
* Sept U-6 underemployment rate 6.9 pct vs Aug 7.2 pct (prev 7.2 pct)
* Sept private sector jobs +114,000 (cons +133,000), vs Aug +122,000 (prev +96,000)
* Government jobs +22,000 vs Aug +46,000 (prev +34,000)
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Source news reuters.com, click here to read the full news.