August Jobs Report: Economy Adds 201,000 Jobs; 3.9 Percent Unemployment

Wage growth — and more specifically, the lack of vigorous pay raises — continued to be an issue, with average hourly earnings nudging slightly upward to 2.9 percent.
The U.S. has added jobs in every month for nearly eight years. Here, a job seeker holds an employment flyer during a hiring event at an Aldi Supermarket in Darien, Ill., in July. Source: Daniel Acker

The U.S. economy added 201,000 jobs in August, the Labor Department said on Friday, continuing its nearly eight-year streak of monthly gains. The unemployment rate remained unchanged at a very low 3.9

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