U.S. Economy Continues to Add Jobs

The United States economy is humming along, with over 200,000 jobs added in August and the unemployment rate at a cool 3.9 percent. The economy has been adding jobs for 95 months straight as of last month. The U.S. experienced job gains across most sectors, except for manufacturing. The sector saw a small drop in jobs, the first in a little over a year.

Average wages showed some signs of growth, indicating a tightening job market. Average hourly wage growth moved up by less than half a percent last month, the largest jump since 2009. Some experts say this may be a sign that employers are trying to hold onto their workers ahead of the seasonal hiring spree.