Consumer Prices Continue to Rise at ‘Menacing’ Pace

The Consumer Price Index finished 2021 with a bang, the Bureau of Labor Statistics reported on Wednesday. Although overall prices slowed somewhat in December from its brisk pace in November, they continued to show no relief on an annual basis.

Consumer Price Index: Paying Like It’s 1982

Inflation—sure to be a topic at this week’s Federal Open Market Committee meeting—roared like a lion in November, jumping by nearly 7 percent year over year to its fastest pace in nearly 40 years, the Bureau of Labor Statistics reported Friday.

November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%

The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.

October Employment Bounces Back as Delta Variant Fades

Payroll employment roared back in October after tepid growth the previous two months as the U.S. began to move on from the fading coronavirus Delta variant, the Bureau of Labor Statistics reported Friday.

Employers Add 235,000 August Jobs

U.S. employers added 235,000 jobs in August—considerably below July’s massive 1.05 million job gain—as the economy struggled to hold momentum amid rising Delta variant coronavirus cases, the Bureau of Labor Statistics reported Friday.

Consumer Prices Continue to Heat Up

Consumer prices, already fueled by a heated economy continued to accelerate in June to its fastest monthly rate in 13 years, the Labor Department reported Tuesday.

June Jobs Report Blows Past Expectations

Total nonfarm employment increased by 850,000 in June, the Bureau of Labor Statistics reported Friday, well above expectations amid rising demand for services hit hard by the coronavirus pandemic.

May Employment Up 559,000; Unemployment Rate Drops to 5.8%

Total nonfarm payroll employment rose by 559,000 in May, the Bureau of Labor Statistics reported Friday—up substantially from May’s tepid numbers but still below consensus expectations, as hiring slowly recovers from the coronavirus pandemic.