U.S. Jobless Rate Falls to 6-Year Low in September

Unemployment Benefits
Unemployment Benefits

By Jason Lange

WASHINGTON -- U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015 or even earlier.

Friday's report on hiring is the most significant gauge of the economy's health ahead of Nov. 4 congressional elections.