The Daily Money: The fight for $15? More job seekers want $20 an hour

It's Friday, folks. We made it. It's Brett Molina back again. Before you head off on your three-day weekend adventure, let's check out today's top Daily Money headlines.

The economy's red-hot hiring run has cooled off. In August, employers added 315,000 jobs while the unemployment rate rose slightly to 3.7%. 

This year, the labor market has added an average of more than 450,000 jobs, shrugging off recession worries and historic inflation. In July, the economy recovered all 22 million jobs lost due to the pandemic. However, many experts believed August would mark the end of the economy's record jobs streak.

$15 an hour? Not enough for more job seekers

Last year, we saw workers across the country demand a higher minimum wage as part of the Fight for $15. Now it's a push for $20 an hour. A larger share of people have been searching for jobs paying at least $20 an hour, according to an Indeed Hiring Lab report. The report found the share of searches for a $20 hourly wage grew, while searches for $15 an hour wages dropped. 

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: How decisions by the Federal Reserve, government and companies impact you.

Follow Brett Molina on Twitter: @brettmolina23.