Alva Review-Courier -

Wages surge as US adds a robust 250,000 jobs in October

 

November 2, 2018



WASHINGTON (AP) — U.S. businesses ramped up hiring in October, and wages rose by the largest year-over-year amount in nearly a decade, a combination that is pulling a rising share of Americans into the job market.

In the final major economic report before Tuesday's congressional elections, the government said Friday that U.S. employers added a robust 250,000 jobs in October. The unemployment rate stayed at a five-decade low of 3.7 percent.

Healthy economic growth is spurring employers to hire at a rapid pace that shows no sign of flagging even with the economy in its 10th year of expansio...



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