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.

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 Job Openings Overwhelm Pool of Available Workers

In the first of four major employment reports this week, the Bureau of Labor Statistics reported job openings rose to 11.2 million as of the end of July, more than double the pool of available workers.

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.

Soaring Gas, Food Prices Drive June Consumer Price Index to 40-Year High

Broad-based increases in major price categories, particularly gas and food, drove the U.S. Consumer Price Index up by 1.3 percent in June month over month and by 9.1 percent year over year—the largest annual increase since 1981, the Bureau of Labor Statistics reported Wednesday.

June Jobs Report Beats Estimates

Employment rose by 372,000 jobs in June, the Bureau of Labor Statistics reported Friday, a strong report despite rising inflation and economic uncertainty.

Job Openings Fall, But Still Outnumber Workers

In the first of four major jobs reports this week, the Bureau of Labor Statistics reported despite a sharp drop in job openings in May, they still easily outdistanced the number of people looking for work.