Inflation showed no signs of letup in May, the Bureau of Labor Statistics reported Friday, with analysts all but guaranteeing large interest rate hikes by the Federal Reserve this week and in the coming months.
Tag: Sarah House
Employers Add 390,000 May Jobs; Unemployment Rate Holds at 3.6%
Employers added nearly 400,000 jobs in May, largely meeting expectations, the Labor Department reported Friday. The unemployment rate held at 3.6 percent for the third straight month.
Job Openings Hold at Near-Record Highs; Another 4.4 Million Quit
Nearly 4.4 million Americans quit their jobs in April, keeping U.S. job openings at a near-record 11.4 million, the Bureau of Labor Statistics reported Wednesday.
April Inflation Cools Slightly
Inflation fell in April, relatively speaking, the Bureau of Labor Statistics reported Wednesday.
March Consumer Prices Jump 1.2%; Up 8.5% from Year Ago
Inflation roared ahead in March, the Bureau of Labor Statistics reported Tuesday, at a clip not seen since 2005.
March Jobs Report Continues Strong Trend
U.S. employers added 431,000 jobs in March, the Bureau of Labor Statistics reported Friday, while the nation’s unemployment rate fell to 3.6 percent.
Job Openings Dip; Employees Retain Upper Hand For Now
In the first of four major employment reports this week, the Bureau of Labor Statistics on Tuesday reported job openings fell slightly in February, while another 4.1 percent of Americans quit their jobs—showing while employees continue to retain the upper hand in a volatile housing market, that grip could be starting to slip.
Inflation Jumps to Fastest Rate Since 1982
The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported Thursday.
JOLTS Report Shows Workers Retain Upper Hand
It’s not exactly a workers’ paradise, but with businesses struggling to hire employees and the “Great Resignation” in full swing, workers still have the upper hand, albeit a little less so than previously, according to the Bureau of Labor Statistics.
Strong February Jobs Report Gives Fed Momentum for March Rate Hike
For the second straight month, employment numbers beat expectations, with the Bureau of Labor Statistics reporting Friday that employment rose by 678,000 in February.