U.S. Bureau of Labor Statistics

States Where the Most People Work for the Government

Despite consistent urging from a portion of the American public to slim down government, a large number of residents continue to make a living by working in government. In 2016, ...
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Markets Brace for Key Payrolls and Unemployment Data

The U.S. growth engine is still moving. Unfortunately, that growth and enthusiasm and strength has started to dial down in recent weeks. We have seen weaker than expected growth in ...
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Unemployment Rate Drops Below 2.9% in 5 States

The national unemployment rate for March was 4.5%. In five states is it much lower, below 2.9%, which shows how much the jobless situation can differ from place to place. ...
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Black Unemployment Rate at 8.1%

The unemployment rate among black Americans was 8.1% in March, well above the national rate of 4.5%. Of the 4.97 million unemployed Americans, 1.6 million were black, which is 32%. ...
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Disappointing Payrolls Report for March, With Payrolls Revised Lower for February and January

Friday's key economic reporting was dominated by the employment situation from the Bureau of Labor Statistics (BLS). It was a mixed report in some aspects and weak in others. It ...
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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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percentage button

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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Woman handing over shopping bag retail

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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