Article 423Z5 US jobs report: wages grow at fastest rate in decade as 250,000 jobs added

US jobs report: wages grow at fastest rate in decade as 250,000 jobs added

by
Dominic Rushe in New York
from Economics | The Guardian on (#423Z5)

Wages were 3.1% higher in September than they were a year ago - the first time since April 2009 that growth topped 3%

The US added 250,000 jobs in October - the last jobs report before Donald Trump's first midterm elections. In good news for the president, wages grew at their fastest rate for close to a decade.

Analysts had been expecting the US to add around 188,000 jobs over the month. In September the unemployment rate fell 3.7%, a 49-year low, and remained there in October.

Wow! The U.S. added 250,000 Jobs in October - and this was despite the hurricanes. Unemployment at 3.7%. Wages UP! These are incredible numbers. Keep it going, Vote Republican!

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