Unemployment rate drops to 3.5%

Notable gains were made in professional and technical services jobs as well as in healthcare and leisure and hospitality.
1:15 | 12/07/19

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Transcript for Unemployment rate drops to 3.5%
by the white house. He says they're moving ahead. Thank you. And moving on to news about your 401(k) And jobs. Rebecca Jarvis, where are the new jobs? This was a much stronger than expected jobs report. Some of the biggest gains in health care and hospitality. Also strong gains in professional and technical services. And finally in manufacturing, adding 54,000 jobs. About 41,000 of those jobs were GM employees returning to work after the strike. This was a much different picture from a year ago, there was real concern about a slowing economy. And the market is now up about 25% for the year. But last year at this time, the concern was uncertainty over the trade deal with China. And that is still there. But consumers are spending and shopping, and that has pushed Wall Street higher and has led to new jobs. Rebecca, new. And we continue to Amazon on defense after falling behind on

This transcript has been automatically generated and may not be 100% accurate.

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