Wages Rise and Job Growth Outpaces Expectations in Latest Labor Report
Allwork
OCTOBER 4, 2024
In addition to the better-than expected increase in nonfarm payrolls reported by the Labor Department on Friday, wages rose at a solid pace last month. The closely watched employment report also showed the economy added 72,000 more jobs in July and August than previously estimated. Social assistance payrolls rose by 27,000 jobs.
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