Mexican Media Brands
U.S. Adds Another 201,000 Jobs
The U.S. created another 201,000 jobs in August, as the country’s unemployment rate remained steady at 3.9%.
#economics #workforcedevelopment
Share
The U.S. created another 201,000 jobs in August, as the country’s unemployment rate remained steady at 3.9%.
The increase marks the 95th consecutive month of year-on-year employment gains, according to the U.S. Dept. of Labor. Weekly wages climbed 3.2% compared with August 2018, marking the largest gain in nine years.
Economists attribute the wage growth to a short supply of skilled workers. They also reiterate that the strengthening economy makes it almost certain that the Federal Reserve to raise short-term interest rates by a quarter-point to a range of 2%-2.25% at the end of September and again in December.
RELATED CONTENT
-
Fuel Economy Gains in July
What you’re looking at here is a sales-weighted fuel economy chart (the numbers in the white boxes represent miles per gallon) that was put together by two diligent researchers, Michael Sivak and Brandon Schoettle, of the University of Michigan Transportation Research Institute.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.