InvestmentsTop Global NewsMarketsReal Estate US unemployment rate hits 3.5per cent; job growth moderate By financialnews_rlv83x - October 4, 2019 0 118 The U.S. unemployment rate dropped to near a 50-year low of 3.5per cent in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing.