U.S. Bureau of Labor Statistics

Producer Prices Keep Higher Inflation Theme Alive in February

At odds is just how much a federal funds rate hike is priced into the market. Tuesday's economic reports included the Producer Price Index (PPI). This is a measurement of wholesale ...
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A Week of Continued Strong Jobs Data Pushes Chances of Fed Rate Hike in March

Maybe all that post-election economic hope and all the day in and day out record highs on the Dow Jones Industrial Average and in the S&P 500 Index had some ...
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Will Unemployment Press the Fed to Raise Interest Rates in March?

This Friday's unemployment report is also one of the freshest economic views before Federal Reserve Chair Janet Yellen and the Federal Open Market Committee members decide whether to raise interest ...
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Consumer Prices and Inflation May Have Just Forced Janet Yellen Into Interest Rate Hikes

There is an old saying that comes to mind here: Be careful what you wish for, you might actually get it! That's how some economic watchers are likely to feel ...
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African American man

Unemployment Rate Among Black Americans At 7.7%

While the economy has added millions of jobs over the last year, and in January added 227,000 which drove an unemployment rate of 4.8%, the rate among Black Americans remained ...
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Why a Solid January Payrolls Gain Created Such an Unusual Market Reaction

The jobs picture is already looking up again in America. After ADP posted a shockingly higher than expected payrolls figure for January, the solid jobs news was more than confirmed ...
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ADP Payrolls Strength Supports Trump Bump and Higher Labor Department Expectations

If economists and investors were looking for confirmation that the post-election rally was going to turn into real growth in economic readings, look no further than the January ADP Employment ...
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Consumer Inflation Now Firmly Hitting Janet Yellen’s Rate Hike Threshold

Just last week, producer prices indicated a stalling out at the wholesale level. Fortunately, or unfortunately, what happens in prices at the consumer level often lags the wholesale level. Now, ...
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Cash register

Are Inflation and Consumer Spending Already Petering Out?

If you grew up any time prior to recent years, you might wonder why on earth anyone ever wants inflation to come back. The reality is far more complex, and the scare ...
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White House

President Obama’s Final Unemployment and Payrolls Tally

If you ever wanted to find a major economic reading that always has the chance of moving a market that just does not matter for the time being, this Friday's ...
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America’s 10 Most Endangered Jobs

In the 1967 film "The Graduate," Dustin Hoffman gets a single word of advice from a family friend: "Plastics." Half a century later that word would more likely be "Robotics." ...
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Industrial

Producer Prices Increase Enough for Rate Hike Cover

The U.S. Department of Labor has released the government's last look on inflation ahead of Wednesday's Federal Open Market Committee (FOMC) meeting, from which a rate hike seems imminent. Inflation ...
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Import and Export Prices Act as Curve Ball for Fed Rate Hike

The Bureau of Labor Statistics (BLS) has released its indexes on import and export prices for November 2016. While some inflation has been in seen in many readings elsewhere, it ...
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November Unemployment Hits Post-Recession Low, With Caveats

Friday's only real economic report of much consequence was the U.S. Department of Labor's employment situation report. It turns out that the official unemployment rate for November dropped to a post-recovery ...
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ADP Payrolls Gain May Boost Labor Department Expectations — With a Caveat

Each and every month, the U.S. Department of Labor's payrolls and unemployment rate report is effectively previewed by ADP's monthly private sector payrolls report. These reports are not unilaterally mirror ...
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