US unemployment rate falls to 50-year low of 3.5%
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The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data.
The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month.
In addition, August data was revised up to 168,000 jobs created instead of the previously reported 130,000.
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