US economy adds 201,000 jobs as unemployment rate holds at 3.9%
by Dominic Rushe in New York from on (#3YA2Y)
- US adds jobs for 95 months in a row - a record growth streak
- But rate appears to slow and wage growth continues to lag
America's record-breaking streak of job growth continued in August with the US economy adding 201,000 jobs as the unemployment rate remained steady at 3.9%.
The US has now added jobs every month for 95 months in a row - the longest streak of uninterrupted growth on record. There are signs that the rate is slowing, however, and wage growth continues to lag as it has done since the end of the Great Recession.
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