U.S. payrolls rise 201K while wage gains accelerate to 2.9%

UNITED STATES nonfarm payrolls rose 201,000 in August. / BLOOMBERG NEWS FILE PHOTO/ LUKE SHARRETT
UNITED STATES nonfarm payrolls rose 201,000 in August. / BLOOMBERG NEWS FILE PHOTO/ LUKE SHARRETT
NEW YORK - United States job gains rebounded by more than forecast in August and wages unexpectedly registered their biggest advance of the expansion, keeping the Federal Reserve on track to lift interest rates this month and possibly another time this year. Nonfarm payrolls rose 201,000 after a downwardly revised 147,000 advance, a Labor Department…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -