US job growth surges with largest wage growth since 2009

Nearly everyone who wants to work now has a job. US job growth boomed in August — the 95th straight month of gains — while wage growth hit a nine-year high, the monthly jobs report revealed on Friday. Fueled by tax and regulation cuts, the economy added 201,000 jobs over the past month, keeping the unemployment rate steady at 3.9 percent, near an 18-year low, according to the federal Labor Department’s report.