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Economy

Jobs: August U.S. payrolls 130,000 – Low Supply Of Workers?

“Job growth continued at a tepid pace in August, with nonfarm payrolls increasing by just 130,000 thanks in large part to the temporary hiring of Census workers, the Labor Department reported Friday…

Wage growth remained solid, with average hourly earnings increasing by 0.4% for the month and 3.2% over the year; both numbers were one-tenth of a percentage point better than expected…”

https://www.cnbc.com/2019/09/06/us-nonfarm-payrolls-august-2019.html

To be honest I think we are in a good position with low hiring & rising wadges. That means employees are more valuable and companies have to compete for workers.

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