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Blistering Economy Generates 200,000 Jobs In August

September 7, 2018 by sd

From MarketWatch:

The number of new jobs created August is expected to rebound and knock the unemployment rate back down to an 18-year low, but even a disappointing report would do little to dampen the optimism about a scorching U.S. economy.

Unless, that is, wages show a surprising surge that sparks fresh worries about inflation. Here’s what to watch in Friday’s monthly employment report.  The U.S. likely added about 200,000 new jobs in August, economists polled by MarketWatch predict. Employment gains totaled 157,000 in July in what was the second smallest increase in 2018.

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