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.

Economic Report Roundup: Inflation Pushes Up; Initial Claims Rise

The Bureau of Labor Statistics on Thursday reported its Consumer Price Index rose by 0.4 percent in September to an annual rate of 8.2 percent. Separately, the Labor Department reported initial claims for unemployment insurance rose for the second straight week.

September Producer Price Index Up 0.4%

The Producer Price Index, a key measure of wholesale inflation, rose by 0.4 percent in September after falling in August and July, the Bureau of Labor Statistics reported on Wednesday.

Employment Show Signs of Slowing

Non-farm employment slowed to 263,000 jobs in September, the Bureau of Labor Statistics reported Friday, while the unemployment rate fell back to pre-pandemic levels.

August Job Openings Down Sharply

In the first of four major jobs reports this week, the Bureau of Labor Statistics reported job openings plunged by more than 10 percent in August—a sign that the U.S. labor gap is starting to normalize.

Employers Add 315,000 August Jobs

July job growth slowed from June, the Bureau of Labor Statistics said on Friday—but analysts said that’s not necessarily a bad thing.

July Consumer Prices Stabilize; Rise 8.5% Annually

The Consumer Price Index, a closely watched measure of inflation, was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the Bureau of Labor Statistics reported Wednesday. Over the past 12 months, the all-items index increased by 8.5 percent before seasonal adjustment.