The nation’s unemployment rate dropping below 6% for the first time since 2008. The Labor Department says 248,000 jobs were created in September, but the same department says the labor force participation rate fell to a three decades low of 62.7% and wages still need to rise significantly. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News America’s News HQ to discuss what the recent labor numbers mean to the U.S. economy and what this economy needs to do to break even.
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Tags: jobs, labor department, labor participation rate, unemployment, wages
