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The US added significantly more jobs than expected in January and wages increased despite the longest partial government shutdown in history.
The jobs report was expected to show that the unemployment rate held at a 49-year low for a third straight month.
The strong jobs report and wage growth could be a boost for President Donald Trump and the GOP heading into next week's midterm elections.
Wage growth is picking up, and the jobs report showed a new postrecession milestone for Americans' paychecks.
The low unemployment rate shown in Friday's jobs report added to evidence of a booming economy, now in a record eighth straight year of monthly job gains. It also showed the labor market continuing to tighten, perhaps eventually pressuring companies to pay workers more.
Bob Woodward book: Trump thought his tariffs were boosting jobs numbers — before any tariffs were imposed
President Donald Trump thought that his tariffs were helping the US job market before the tariffs were even imposed according to Bob Woodward's new book "Fear: Trump in the White House."
‘Let’s just remember when this recovery started’: Obama hits back at Trump taking credit for strong economy
Former President Barack Obama said that Republicans and President Donald Trump may be taking too much credit for the strength of the US economy. "So when you hear how the economy is doing right now let's just remember when this recovery started," Obama said.
The US jobs report released Friday showed that wages increased in August at their fastest year-on-year pace since the Great Recession. The report also showed that employers added more nonfarm payrolls than had been forecast, while the unemployment rate remained at an 18-year low of 3.9%.
President Donald Trump's tariffs are starting to take their toll on small businesses. Many firms are being forced to lay off workers to save money because of the increased price of imported goods.
The US manufacturing sector has added 327,000 jobs in the past 12 months, the highest number of jobs added in a 12-month period since April 1995. The boom comes after President Donald Trump promised to bring back US manufacturing.