bureau of labor statistics

Inflation Higher than Expected; Food Prices up 11.4% Over Last Year
Inflation Higher than Expected; Food Prices up 11.4% Over Last Year
September 13, 2022  |  Economy

The annual inflation rate in the U.S. eased for the second consecutive month in August, to 8.3%, the lowest reading in six months but missing...

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Professional, Business Services Lead August Payroll Gains
Professional, Business Services Lead August Payroll Gains
September 02, 2022  |  Economy

Employers added 315,000 jobs last month, with the strongest gains in professional and business services, which added 68,000 jobs, led by computer systems design and...

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Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
August 10, 2022  |  Economy

The government’s closely watched CPI report showed Wednesday (Aug 10) that inflation eased to 8.5% in July, marking a larger than expected dip from the...

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Business Services Posts Big Gains Amid Continuing Job Market Growth
Business Services Posts Big Gains Amid Continuing Job Market Growth
July 08, 2022  |  Economy

The professional and business services sector posted the biggest gains last month, adding 74,000 jobs to the overall 372,000 in new openings, while the unemployment...

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Labor Dept: Commercial Banking Jobs Decline Following COVID
Labor Dept: Commercial Banking Jobs Decline Following COVID
May 27, 2022  |  Economy

Employment in America rose by 6.7 million last year, the largest calendar-year gain since the federal government began its Current Employment Statistics (CES) survey. That’s...

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Inflation Moderates for First Time in 8 Months
Inflation Moderates for First Time in 8 Months
May 11, 2022  |  Economy

April’s consumer price index (CPI) missed Wall Street’s expectations but still dropped for the first time in eight months, coming in at 8.3% compared to...

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Retail, Hospitality Hiring Drive US Job Growth
Retail, Hospitality Hiring Drive US Job Growth
May 06, 2022  |  Retail

The U.S. economy added 428,000 jobs last month thanks in part to hiring in the hospitality and retail sectors, the Department of Labor said Friday...

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Prices Surge 8.5% in March, Highest in 40 Years
Prices Surge 8.5% in March, Highest in 40 Years
April 12, 2022  |  Economy

Consumer prices rose 8.5% in March compared to 2021, the biggest surge in 40 years as Russia’s invasion of Ukraine continues to drive energy prices...

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Inflation Soars 7.9% to Another 40-Year High
Inflation Soars 7.9% to Another 40-Year High
March 10, 2022  |  Economy

Price hikes in gas, food and shelter led the way to 40-year record high inflation, with the consumer price index — a key indicator of...

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