The Consumer Price Index rose by another 0.6 percent in January and by an eye-catching 7.5 percent from a year ago, the Bureau of Labor Statistics reported Thursday.
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January Employment Shows Solid 467,000 Gain
For the first time in months, the Employment Report from the Bureau of Labor Statistics exceeded expectations: employers added 467,000 jobs in January, despite a surge in Omicron-variant coronavirus cases, BLS reported Friday.
‘Great Resignation’ Shows No Signs of Slowing
Nearly 11 million jobs remained open and nearly 6 million more Americans left their jobs in December—signaling the “Great Resignation” shows no signs of stopping, the Bureau of Labor Statistics reported Tuesday.
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.
December Employment Up 199,000; Unemployment Rate Falls Below 4%
Total nonfarm employment rose by just 199,000 jobs in December, well below consensus expectations, as employers continued to have trouble filling open positions, the Bureau of Labor Statistics reported Friday.
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.
September Employment Sees 194,000 Gain; Unemployment Rate Falls to 4.8%
Total nonfarm payroll employment rose by 194,000 in September—well below expectations—but the unemployment rate fell by 0.4 percentage point to 4.8 percent, 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.