The month of August is now behind us, but according to the latest Jobs Report, last month was a month to remember for hundreds of thousands of Americans. The latest Jobs Report says that the US Economy added a total of 201,000 jobs in the month of August alone. Because of those strong numbers, unemployment rates remained at an historically low number at 3.9%.
The economy is still looking for more workers as employers are continuously reporting that they are having trouble finding enough workers to fill all open positions. Today’s Jobs Report also shows that the average hourly earnings grew up 2.9% within the last year. These past few months have been the strongest rates seen in the United States in nine years.