US wage growth hits nine-year high

Wages in the US grew at their fastest pace for nine years last month, according to the latest official figures.

The America Labor aforesaid wages grew at associate annual rate of three.1% in Gregorian calendar month, fast from a rate of two.8% the month before.

The economy conjointly additional 250,000 jobs last month, that was well sooner than analysts' expectations.


The percentage remained unchanged at three.7%.