Economy adds 201K jobs with wages surging

Nearly everyone who wants to work now has a job. US job growth boomed in August — the 95th straight month of gains — while wage growth hit a nine-year high, the monthly jobs report revealed on Friday.

Fueled by tax and regulation cuts, the economy added 201,000 jobs over the past month, keeping the unemployment rate steady at 3.9 percent, near an 18-year low, according to the federal Labor Department’s report.

Average hourly wages also rose by 10 cents to $27.16, boosting the annual increase to 2.9 percent — the biggest yearly rise since 2009.

The hiring spree builds on what’s already the longestever economic expansion in US history, experts say.

“This picture underscores that the US economy is solid, the US economy is gaining strength,” said Quincy Krosby, chief market strategist at Prudential Financial.

The gains, Krosby said, were driven by smaller companies optimistic about the Trump administration’s probusiness agenda, with tax cuts and fewer regulations.

Even economists were surprised by the figures after many of their predictions fell short by 11,000 jobs.

“It is remarkable to see steady, positive news regarding job growth month after month,” Labor Secretary Alexander Acosta said in a statement.

Among the highlights of the job gains, professional and business services — which include security, janitorial services and office administration — added the 53,000 jobs last month, and 519,000 for the year so far.

Health-care companies added 33,000 jobs, while construction jobs were up by 23,000 jobs. And mining jobs picked up by 6,000 after a flat July.

Here, The Post puts a human face on the statistics, sharing New Yorkers’ economic success stories.