August 2018 Jobs Report

The Bureau of Labor Statistics has released its latest jobs report. The unemployment rate held steady in August at 3.9% – the lowest since 2000. The number of unemployed workers – including the long-term unemployed – changed little compared to July. Employment rose in professional and business services, healthcare, wholesale trade, transportation and warehousing, and …

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Diesel, Lumber, And Staffing News – September 5, 2018

        National Average Price Per Gallon: $3.25 Motorists this Labor Day weekend paid the most expensive gas prices since 2014. Prices were 20 cents higher than last year. But despite the holiday weekend price jump, prices were actually low compared to previous years. “We’re talking about gas prices just a penny above …

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Diesel, Lumber, And Staffing News – August 28, 2018

        National Average Price Per Gallon: $3.23 Changes to maritime fuel standards are expected to boost the diesel oil market. On January 1, 2020, the International Maritime Organization will enforce new emissions standards for the world’s ships. The move is expected to create an oversupply of high-sulfur fuels as maritime shippers switch …

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Diesel, Lumber, And Staffing News – August 21, 2018

        National Average Price Per Gallon: $3.21 Analysts expect “more volatility” in the oil market. According to Eelco Hoekstra, CEO of Vopak, traders should expect to see “wild swings” in oil prices as a result of U.S. sanctions against Iran. Meanwhile, the International Maritime Organization is set to start enforcing new standards to …

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