August Jobs Report: +201,000 and 3.9%

U.S. Wage Gains Pick Up to 2.9% While Payrolls Rise 201,000

By Sho Chandra

September 7, 2018, 6:30 AM MDT Updated on September 7, 2018, 6:56 AM MDT

-Jobless rate unchanged at 3.9%, still near lowest since 1969
- Revisions subtracted 50,000 workers from payrolls in June-July

American wages unexpectedly climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast, keeping the Federal Reserve on track to lift interest rates this month and making another hike in December more likely.

https://www.bloomberg.com/news/arti...ile-wage-gains-accelerate-to-2-9?srnd=premium