Wages Jump to Highest Level Since 2009

The good news about the American economy got a whole lot better in January. About 200,000 jobs were created, higher than the 180,000 expected. The unemployment rate held at 4.1 percent, an 18-year low. Best of all, though, after decades of little to no wage growth for hourly workers, we saw a jump of nearly three percent, which is much higher than expected.