The COVID-19 pandemic continues to impact U.S. consumers as the cost of nearly everything has increased dramatically over the last 12 months. In all, the annual inflation rate in the U.S. skyrocketed to 6.2% in October, according to the U.S. Bureau of Labor Statistics. That...
Hiring bounced back last month, with the Friday (Nov. 5) Employment Situation Report from the Bureau of Labor Statistics showing 531,000 new jobs added, beating the 450,000 forecasted by economists polled by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. hiring bounced back in October after a couple of lackluster months, with a run on new workers in the leisure and hospitality sector highlighting 571,000 new jobs for the month, according to payroll processing firm ADP Wednesday (Nov. 3). Get the Full Story Complete...
Inflation is continuing to weigh on consumers as higher prices inched September spending up by 0.6 percent and household incomes dropped 1% as stimulus funds and enhanced unemployment ended, the Bureau of Economic Analysis reported on Friday (Oct. 29). Get the Full Story Complete the...
Twitter and Square CEO Jack Dorsey tweeted a warning Friday (Oct. 22) about the coming of hyperinflation in the U.S. and the rest of the world, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and Labor Turnover Survey (JOLTS) report by the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock...
New jobs increased by 194,000 in September, a far cry from economists’ estimates of 500,000 and a big dip from August’s 366,000 and 1.1 million jobs added in July, the Bureau of Labor Statistics reported on Friday (Oct. 8). Get the Full Story Complete the...
New jobless claims for the week ending Oct. 2 dropped 38,000 to 326,000 compared to the previous week’s level of 364,000, according to the Thursday (Oct. 7) report from the Bureau of Labor Statistics. The previous week’s level was revised up by 2,000 from 362,000....
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