Posted on 09/07/2018 12:07:19 PM PDT by Innovative
iring picked up in August and so did worker pay -- registering the fastest wage growth since 2009 in an encouraging sign that wages may finally be moving higher after years of sluggish gains.
August was the 95th straight month the U.S. economy added jobs, with a robust 201,000 job gains, the Labor Department reported Friday, while wages for U.S. workers grew at 2.9 percent in the past year. The national unemployment rate remained at 3.9 percent, one of the lowest levels in half a century.
The higher pay is a sign that businesses are having to compete hard for workers. Many business leaders have complained they cannot find the workers they need, especially for skilled jobs like welders or computers coders.
(Excerpt) Read more at washingtonpost.com ...
Hehe.
Where did that annual almost one trillion in “stimulus” money go? I do not see lots of new highways and bridges.
I just got a nice promotion, a raise, and extra work. I will be spending extra money this Christmas. All you retailers out there, you can thank Trump.
This was the last stagnent number the dems were clinging to.
This kind of news makes Democrats sick
See also WH statement:
Unprecedented Jobs Growth Streak Continues as Wages Rise
https://www.whitehouse.gov/articles/unprecedented-jobs-growth-streak-continues-as-wages-rise/
Yes, all this employment is terrible, it would be far better for the government to give everyone ten thousand dollars a month to stay home and they would have time to enjoy life. We could easily pay for it with the money saved by not having to maintain roads for people to drive to work on.
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