The Bureau of Labor Statistics released its monthly Employment Situation Summary showing that the U.S. unemployment rate dropped to 3.7% in September, the lowest it has been since December 1969. The unemployment rate has fallen steadily since 2009 when it peaked at 10%. 134,000 jobs were created in September, in professional and business services, health care, and transportation and warehousing. The number of jobs created in September was significantly less than the monthly average over the previous 12 months, which likely has something to do with hurricane Florence causing thousands of businesses to close. The summary also mentions that the number of people that are employed part-time but would prefer full-time work rose by 263,000. So, while the number of unemployed individuals has decreased, the number of underemployed individuals has increased.

You can visit the Bureau of Labor Statistics website to view the Employment Situation Summary and other useful information for employers.