Bureau of Labor Statistics

The U.S. Labor Department reported on Wednesday a 7% increase in the consumer price index (CPI) in the month of December, the fastest inflation growth since 1982. Some investors are concerned true inflation levels are higher than the CPI suggests. CPI Vs. PPI: To calculate the CPI, the Bureau of...

After rising .5% in July, all consumer items tracked by the Bureau of Labor Statistics rose .3% in August. Over the year, all consumer items have risen 5.3%.  What Happened: Over the last year, the biggest complaint — and concern — for consumers and some economists...

The Consumer Price Index increased .5% in July after rising .9% in June, and, in general, prices of all items rose 5.4% over the last year, according to the most recent Bureau of Labor Statistics report. What Happened: All indexed items increased in price, including shelter, food, energy and new...

It’s not just you — the amount of people who worked from home doubled from 2019 to 2020 to 42%, according to the latest Bureau of Labor Statistics survey. Commuting times for all demographics fell during the same time period. Who Was Impacted: Those engaged in remote work...

Continuing jobless claims for the week of May 3 reached 22.83 million compared to a 25.1-million forecast and the previous week’s revised figure of 22.38 million.  Initial jobless claims fell from a revised number of 3.17 million in the last week of April to 2.98 million...

The number of workers in the truck transportation sector plummeted in April to levels not seen since 2014. According to the unemployment figures released by the Bureau of Labor Statistics (BLS) this morning, May 8, 1,435,600 people were employed in the truck transportation sector of the...

In just two months, the coronavirus outbreak undid all the economic progress made since the 2008 financial crisis — including the lowest unemployment rate in 50 years. The U.S. unemployment rate spiked from 4.4% in March to 14.7% in April, according to the Bureau of Labor Statistics, which is...

A new report from the U.S. Bureau of Labor Statistics suggests the U.S. economy created about 500,000 fewer jobs in 2018 and early 2019 than previously estimated. What Happened On Wednesday, the BLS cut its March 2019 estimate of total non-farm U.S. jobs by 501,000, a downward revision of...

Economists were expecting June nonfarm payroll data to show an increase of 165,000, jobs but the final numbers came in much better than expected. The Breakdown Total nonfarm payroll employment increased by 224,000 in June, while the unemployment rate was little changed at 3.7%, according to...

You’ve held the same stock for the last 10 years. In that time, you’ve been in the green and you’ve been in the red. The charts finally show a gain — and 10 percent at that. But it’s not yet time to celebrate. Over the same period, the Bureau of Labor Statistics...

The U.S. Producer Price Index (PPI), which tracks final demand for products and services, rose 0.1 percent in February representing a modest deceleration and estimate miss, according to the Bureau of Labor Statistics. Meanwhile, rising costs of food, gas and rent drove a 0.2-percent rise in...

The unemployment rate in the U.S. has dropped to just 3.7 percent, its lowest level in nearly two decades. Some U.S. job markets are much better than others, according to a new study by the Bureau of Labor Statistics. Whether you’re a recent college graduate looking for the best places...

The labor market remained strong as 2018 ended, with job openings reaching a high of 7.3 million on the last business day of December, the Bureau of Labor Statistics reported Tuesday. The 7.3 million openings was up from 5.7 million at the end of 2017. This set of data dates back to the year 2000....

After striking record lows in April, U.S. unemployment continued to drop in May. What Happened The Labor Department recorded a rate of just 3.8 percent against a 3.9-percent estimate. Nonfarm payrolls expanded 223,000, far exceeding a 189,000 forecast as well as last month’s addition...

With a reported 3.9-percent unemployment rate, April became one of six months in nearly 40 years when the figure fell below 4 percent. Before that, less than one-third of the months between 1948 and January 1970 saw lower or equivalent rates, according to the Bureau of Labor Statistics. The...