The U.S. economy added 214,000 jobs last month and the unemployment rate fell to 5.8% last month, the Wall Street Journal reports. That’s the lowest level since 2008.
Washington Post: “The latest encouraging numbers keep the nation on pace for its best labor market year since 1999 and stand in noted contrast to a wave of discontent that helped Republicans sweep a round of midterm elections this week. Though wage growth has been sluggish in recent years, Americans — helped by falling oil prices — are seeing their purchasing power rise. And they are now finding jobs with reliability unseen since the Great Recession.”
Wonk Wire: But when will wages grow?Save to Favorites