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Job Growth Continues To Increase

Job Growth Continues To Increase

| Sep 10, 2013 | Housing Market

According to the Department of Labor, hiring in the United States has continued to grow while unemployment rates decrease. In August, the economy added 169,000 jobs, up from 104,000 created jobs in July, and the unemployment rate decreased to 7.3%. Although rates seem positive, economists say that job growth is not rebounding at an extreme pace, and there remains room for improvement. Economists say that there are approximately 184,000 new jobs each month, and the economy needs 200,000 new jobs each month in order to keep pace with the U.S. population growth. More here

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