Jobs report

U.S. economy adds 136,000 jobs in September

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. economy added 136,000 jobs in September, while the unemployment rate fell even lower, from 3.7% to 3.5% — the lowest level since December 1969 — the government said on Friday.

Why it matters: While it's fewer than the 145,000 economists expected, the labor market continues to be the bright spot in the economy. The number may calm recession fears after a week that saw deterioration in manufacturing data and softening on the all-important services side of the economy.

Health care has been adding jobs for over 5 years

Data: BLS; Chart: Andrew Witherspoon/Axios

The health care industry added almost 24,000 jobs in August, helping to buoy overall employment growth amid economic fears associated with the U.S.-China trade war.

The big picture: Almost 1 out of every 9 Americans works in health care, and the industry has not seen a net loss of new jobs in any month since January 2014. But everyone's insurance premiums and tax dollars are funding this swelling workforce.