Economy adds more jobs than expected in August, and wage growth hits post-recession high
--Nonfarm payrolls grew by 201,000 in August. Economists surveyed by Reuters expected a 191,000 increase.
--Average hourly earnings jumped by 2.9 percent, above the 2.7 percent increase expected.
--The unemployment rate held near a generational low of 3.9 percent.
Long-awaited wage growth posted its biggest increase of the economic recovery in August while payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent, according to a Bureau of Labor Statistics report Friday.
https://www.cnbc.com/2018/09/07/us-nonf ... -2018.html
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