bureau of labor statistics

New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
June 15, 2021  |  Economy

The cost of doing business  is up — mostly, as new government data indicates, because inflation is powerfully on the rise. Figures released by the...

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Consumer Price Index Surges 5 Pct, Beating Forecasts
Consumer Price Index Surges 5 Pct, Beating Forecasts
June 10, 2021  |  Economy

The U.S. Consumer Price Index (CPI) surged 5 percent year over year in May, the fastest pace since August 2008 and higher than Wall Street...

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Restaurant Job Count Creeping Back Up, Per BLS Data
Restaurant Job Count Creeping Back Up, Per BLS Data
June 07, 2021  |  Personnel

The United States Department of Labor’s Bureau of Labor Statistics (BLS) announced on Friday (June 4) that total U.S. jobs grew by 559,000 during May....

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Nonfarm Jobs Surge By 559,000 In May; Unemployment Falls To 5.8 Pct
Nonfarm Jobs Surge By 559,000 In May; Unemployment Falls To 5.8 Pct
June 04, 2021  |  Economy

Total nonfarm payroll employment rose by 559,000 jobs in May, and the unemployment rate fell from 6.1 percent to 5.8 percent, according to a report from the...

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New Weekly Jobless Claims Continue Falling
New Weekly Jobless Claims Continue Falling
June 03, 2021  |  Economy

New weekly jobless claims dropped again for the fifth consecutive week to a 14-month low of 385,000, a decrease of 20,000 for the week ending...

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Nonfarm Jobs Increase By 266,000 In April, Lower Than Expected
Nonfarm Jobs Increase By 266,000 In April, Lower Than Expected
May 07, 2021  |  Economy

Signals that the U.S. economy had turned a corner and was now red hot and surging back from the COVID-19 crisis had sprung up everywhere....

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New Jobless Claims Continue Edging Down
New Jobless Claims Continue Edging Down
May 06, 2021  |  Economy

New jobless claims for the week ending May 1 came in at 498,000, the lowest level since the pandemic took hold in March 2020, according...

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Consumer Spending Drives 6.4 Pct First-Quarter GDP Growth
Consumer Spending Drives 6.4 Pct First-Quarter GDP Growth
April 29, 2021  |  Economy

First-quarter U.S. gross domestic product (GDP) expanded by 6.4 percent, topping fourth-quarter growth of 4.3 percent in 2020 and marking the biggest first-quarter increase in...

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Jobless Claims Below 600,000 For Third Consecutive Week
Jobless Claims Below 600,000 For Third Consecutive Week
April 29, 2021  |  Economy

Initial unemployment claims for the week ending April 24 dropped 13,000 to 553,000, the Bureau of Labor Statistics (BLS) reported on Thursday (April 29). The previous week’s...

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