Inflation Ticks Up Despite Slowdown In Jobs Market
rising inflation A report from the Bureau of Labor Statistics (BLS) released Wednesday said employment rose slightly in October, even though employment growth slowed significantly in the same month. The Consumer Price Index (CPI), which measures the prices of daily necessities, rose at an annual rate of 0.2% in October, or 2.6% month-on-month (2.4% rise […]
Job Gains Surge For Another Month As Unemployment Ticks Up
US adds 275,000 people Nonfarm payrolls decreased in February as the unemployment rate rose to 3.9%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists predicted the country's employment would rise by 200,000 in February, compared with 353,000 in January, and the unemployment rate would remain at 3.7%. according to to Reuters. The […]
Arizona unemployment ticks up, jobs still outpacing 2022 in June | State
(Center Square) — Arizona’s unemployment rate rose slightly in June, but tens of thousands of jobs have been added in the state since last year. The unemployment rate rose to 3.5% in June from 3.4% in May, an improvement from 3.8% in June 2022, according to data from the Arizona Department of Economic Opportunity. Additionally, […]
Inflation Ticks Down, But Stays Well Above The Fed’s Goal
The latest Bureau of Labor Statistics (BLS) report released on Wednesday showed inflation eased in June but remains high after the Federal Reserve’s suspension of rate hikes. The consumer price index (CPI), which broadly measures the prices of daily commodities such as energy and food, rose 3.0% in June compared with 4.0% in May, according […]
