Employers added 311,000 jobs in February, the Bureau of Labor Statistics reported Friday—good news for the labor market but complicating news for the Federal Reserve, which faces the daunting task next week of encouraging economic growth while taming inflation.
Tag: Bureau of Labor Statistics
Jobs Reports: Private-Sector Employment Up 242,000; Job Openings Under 11 Million
In the first two of four major jobs reports this week, ADP, Roseland, N.J., said February private-sector employment increased by 242,000, while the Bureau of Labor Statistics reported job openings fell under 11 million.
January Jobs Report Smashes Expectations
The labor market defied expectations of even the most skeptical forecasts in January, adding a remarkable 517,000 jobs, the Bureau of Labor Statistics reported Friday.
Inflation Takes Step Back
Inflation—a highly regarded component of Federal Reserve policy—declined in December and slowed on an annual basis, the Bureau of Labor Statistics reported Thursday.
2022 Jobs Finish on Strong Note
Although nonfarm payroll employment slowed toward the end of the year, it finished on a strong, steady pace, the Bureau of Labor Statistics reported Friday.
November CPI Posts Welcome ‘Modest’ Increase
It’s not often that “modest” has economic significance, but when it refers to inflation as of late, then “modest” is perhaps a welcome description.
Employment Holds Steady, Slowing Slightly
November employment numbers slowed slightly from October, the Bureau of Labor Statistics reported Friday.
Employers Add 261,000 October Jobs; Unemployment Rate Rises
The Bureau of Labor Statistics on Friday reported employers added 261,000 jobs in October; meanwhile, the unemployment rate ticked up to 3.7 percent.
September Job Openings Surge; Construction up 0.2%
Job openings in September jumped by more than a half-million from August, showing there are 1.9 job openings for every available worker, the Bureau of Labor Statistics said Tuesday in the first of four major jobs reports this week.
MBA Chart of the Week Oct. 14 2022: Housing Costs
This week’s Chart of the Week highlights different measures of housing costs, all indexed to 2018. The lowest lines are the CPI measures of shelter costs, including the “’all-in” shelter measure and breakouts for rents and owners’ equivalent rents.