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U.S. added 162,000 jobs in August, but wage growth continues to lag inflation

U.S. added 162,000 jobs in August, but wage growth continues to lag inflation
Photo: NBC 5 Dallas-Fort Worth (KXAS) - Top Stories · view original

The U.S. economy in August added 162,000 jobs, far more than expected. The unemployment rate remained unchanged at 4.1%. Economists surveyed by Dow Jones had expected overall hiring of just 53,000 roles and a steady unemployment rate. Meanwhile, employment for June was revised up by 11,000 roles...

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