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US Gains 201,000 Jobs in August; Unemployment Flat at 3.9%


Friday, 7 September 2018 19:41 WIB

UnemploymentNon-Farm Employment


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The US added 201,000 new jobs in August, a sign the economy was still expanding strongly toward the end of summer.

The increase matched the 200,000 MarketWatch estimate. The unemployment rate was unchanged at 3.9%. The biggest news was higher worker pay. The average wage paid to American workers rose by 10 cents, or 0.4%, to $27.16 an hour. The yearly rate of pay increases climbed to 2.9% from 2.7%, marking the highest level since the end of the Great Recession in June 2009. Employment gains for July and June, meanwhile, were revised down by a combined 50,000, the Labor Department said Friday.

The government said 147,000 new jobs were created in July instead of 157,000. June's increase was cut to 208,000 from 248,000.

Source : Marketwatch


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