The nation's unemployment rate ticked down to 5.9 percent in September and the economy added 248,000 jobs, according to the U.S. Department of Labor. The country's unemployment rate has not been that low since July of 2008.
The September U.S. unemployment rate dropped from 6.1 percent in August. Officials say the decline is due in part to a low labor-force participation rate, which was at 62.7 percent last month. That's the lowest labor-force participation rate since 1978.
Meanwhile, the jobs added in July and August were revised to reflect an increase of 69,000 positions.