US jobs report: wages grow at fastest rate in decade as 250,000 jobs added

Wages were 3.1% higher in September than they were a year ago – the first time since April 2009 that growth topped 3%

The US added 250,000 jobs in October – the last jobs report before Donald Trump’s first midterm elections. In good news for the president, wages grew at their fastest rate for close to a decade.

Analysts had been expecting the US to add around 188,000 jobs over the month. In September the unemployment rate fell 3.7%, a 49-year low, and remained there in October.

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from US news | The Guardian https://ift.tt/2Qexz0h