United States employers have shown their growing confidence in the economy by adding the largest number of jobs in the last 15 years. And despite this evident positive trend, Americans still can’t fully experience the economy’s recovery as the slow wage growth despite solid hiring streaks fails to translate into more money for the average citizen. 2014 was a stellar year where hiring is … [Read more...]
U.S. Employers Add 214K Jobs While Unemployment Rate Drops to 5.8%
Only a few days after voters voiced their asperity regarding the U.S. economy, the government announced that employers added 214.000 extra jobs in October. This represents the healthiest pace of hiring in the last eight years. In addition to this, the Labor Department also announced that 31.000 more jobs, than were previously estimated, were added in August and September. These much needed … [Read more...]