US ECONOMY BEGINS 2020 BY ADDING 225,000 NEW JOBS

The United States began the New Year of 2020 with very good economic news, as the Department of Labor reported that 225,000 US jobs were created during January 2020. America’s growing economy also started the New Year with an extremely low unemployment rate of just 3.6% (the lowest in five decades), according to Labor Department data. Furthermore, the average hourly wage for people working in the USA increased by a healthy 3.1% between January 2019 and January 2020. Strong economic growth has been producing new jobs in America for a record 112 months in a row (the longest economic expansion in US history) and this is expected to continue in the months ahead. More than 10 full years of US job creation, however, has resulted in a shortage of workers across the country in various business sectors, including highly-skilled workers and also low-skilled workers. To read more, click here!