U.S. Bureau of Labor Statistics

Consumer Inflation Confirmed After Weak Wholesale Inflation

Measuring the true rate of inflation might not be as easy as it seems. After a weak wholesale inflation reading for September from the Producer Price Index (PPI), consumer inflation ...
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Job Openings and Quits Show Signs of Less Robust Job Market

The media reports that recession risks are rising every day. If a recession is going to arrive, it's going to take a major blow to the consumer — and the ...
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Producer Prices Refuse to Cooperate Toward the Fed’s 2% Inflation Target

The Federal Reserve has tried to get inflation closer to its 2% mandate for some time, but the current economy just isn't allowing it. Lower energy prices and even a ...
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Black Unemployment Rate Over 50% Above National Number

Most experts believe that the September jobs report from the U.S. Bureau of Labor Statistics showed some pressure on the economy due to trade wars, particularly with China. However, the ...
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Slow Payrolls Gains Still Good Enough to Ease Many Recession Fears

After weaker manufacturing and non-manufacturing data inserted some caution in payroll growth this week, and considering a weaker than expected ADP private sector payrolls report, the expectations were low coming ...
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Continuing Jobless Claims Remain Near 50-Year Low

New claims for unemployment benefits rose by 3,000 in the week ending September 21, according to the weekly report from the U.S. Department of Labor. The seasonally adjusted total rose ...
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Should a Month of Higher Producer Costs Be Scaring the Federal Reserve About Inflation?

The U.S. Bureau of Labor Statistics (BLS) has reported that producer prices are starting to pose a problem for inflation. Or is that not the case? Prices rose on a ...
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Black Unemployment in America Is Almost 50% Above the National Average

Most experts believe that the August jobs report showed some pressure on the economy due to trade wars, especially with China. The unemployment rate was steady at 3.7% compared to ...
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BLS Data Shows the Endless Gains in Payrolls Are Becoming More Muted

After seeing the tally of weekly jobless claims and a stronger than expected private sector payrolls gain for August from ADP, the stage was set for a stronger than expected ...
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ADP and Layoff Data Bring Stronger Expectations for BLS Unemployment and Payrolls Gains

The first week of every month brings a new round of employment and payrolls data regarding the U.S. economy. While the biggest and most widely watched report is the Employment ...
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BLS Sees Muted Employment Growth but Higher Wages in the Decade Ahead

It seems that every agency you can think of wants to make long-term projections and forecasts. The Bureau of Labor Statistics (BLS) probably has at least some good insight into ...
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Just Over 500,000 Fewer Jobs Created in the US Since 2018

The Bureau of Labor Statistics (BLS) recently announced the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. Accordingly, the U.S. economy had about 501,000 ...
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Only 7,000 People Are Unemployed in This State

Unemployment continues to hover near a five-decade low. In July, the national figure held at 3.7%. However, the rate varies considerably from state to state. One small state had the ...
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How to Fill the 7.35 Million Job Openings in America

After last week's unemployment and payrolls report for July, the U.S. Department of Labor has released its monthly Job Openings and Labor Turnover Survey. The report is for June, as ...
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Will July Employment Report Lift Hopes of Further Fed Rate Cuts?

Friday's key economic data point came from the Bureau of Labor Statistics (BLS) employment situation report for July. The unemployment rate remained unchanged at 3.7% and the U.S. economy added ...
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