The slight rise in consumer prices, as February’s report from the Bureau of Labor Statistics Wednesday (March 12) showed, may just be (relative) calm before the inflationary storm. The Consumer Price Index (CPI) was 0.2% higher in February, as measured against January’s levels, and annualized inflation...
Even before the pandemic, PYMNTS noted that 32% of workers participated in the gig economy in some way, either to supplement their incomes, or to cobble together revenue streams that represented their primary ways of paying their way through life. There’s some evidence that the...
It’s not just about the eggs. Consumers were already feeling the pinch of higher inflation well before the January data on the Consumer Price Index was released by the Bureau of Labor Statistics on Wednesday (Feb. 12). And yes, eggs were a standout here —...
Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). The Bureau of Labor Statistics (BLS) said in a Friday press release that total nonfarm employment rose by 143,000 in January after seeing an average monthly increase of 166,000 in 2024. The BLS...
February 12, 2025
It’s not just about the eggs. Consumers were already feeling the pinch of higher inflation well before the January data on the Consumer Price Index was released by the Bureau of Labor Statistics on Wednesday (Feb. 12). And yes, eggs were a standout here — a poster child for inflation as the CPI hit the […]
January 10, 2025
For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by the Bureau of Labor Statistics...
December 11, 2024
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor...
December 06, 2024
It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect of moving on to the...
February 07, 2025
Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). The Bureau of Labor Statistics (BLS) said in a Friday press release that total nonfarm employment rose by 143,000 in January after seeing an average monthly increase of 166,000 in 2024. The BLS also reported that January saw the unemployment rate edge down […]
February 04, 2025
The number of job openings decreased by 556,000 in December and stood at 7.6 million on the last business day of the month. The number was down from 8.2 million...
December 05, 2024
Jobless claims reportedly rose last week, though media reports suggested that the rise was due to the volatility in data that is typically seen around holidays. The number of initial claims...
October 11, 2024
The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand...
