August 14, 2019 Sources: Jeff Cox, CNBC Sources: Jeffry Bartash, MarketWatch Increases in the cost of living hit American households in July. According to the Bureau of Labor Statistics, consumer costs rose for goods and services across the entire economy, including energy, medical care, and apparel. The Consumer Price Index rose 0.3%, which was …
Unemployment rate: 3.7% Source: Jeff Cox, CNBC Bureau of Labor Statistics The unemployment rate in July remained unchanged at 3.7%. Payrolls rose to 164,000 during the month, which is keeping with analysts’ predictions of 165,000. The size of the labor force also jumped sharply as 370,000 new workers entered the labor force, which brought …
Unemployment rate: 3.6% Source: Jeff Cox, CNBC Job creation slowed significantly in May. The economy only added 75,000 jobs last month, compared to 263,000 jobs the previous month. Analysts had expected the economy to add 180,000 jobs in May. “We had expected a slowdown after several years of job gains holding around 200,000, but …
May 10, 2019 Consumer Price Index rises; real hourly earnings decrease in April According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.3% in April. The index measures the change in prices paid by consumers. The gasoline index largely drove the increase. That index rose 5.7%, and accounted for …
April 2019 Jobs Report Unemployment rate: 3.6% Source: Nelson D. Schwartz, New York Times The economy added 263,000 jobs in April 2019, a big gain over over the 190,000 jobs that analysts expected. The unemployment rate declined by 0.2%, to 3.6%, which is the lowest in 50 years. The average hourly wage increased …
April 9, 2019 The JOLTS report (Job Openings and Labor Turnover Summary) from the Bureau of Labor Statistics is a snapshot of job openings and hiring. The latest JOLTS report was published on April 9, 2019 and covers February 2019. Job Openings Job openings fell to 7.1 million (4.5%) in February, down from a …
Source: Peter Eavis, New York Times March 2019 Jobs Report Unemployment rate: 3.8% The economy added 196,000 jobs in March 2019, which is a big increase compared to February’s disappointing report of only 20,000 jobs added versus the previous month. Even better, employers appear to finally be offering wages increases after years …
February 2019 Job Numbers Unemployment rate: 3.8% The economy added 20,000 jobs in February 2019. This number fell far short of economists’ forecasts, which predicted that the economy would add 180,00 jobs last month. Unemployment edged downward to 3.8% (versus 4.0% the previous month). The country lost 31,000 construction jobs as construction employment …
A snapshot of the latest Job Openings and Labor Turnover Summary (JOLTS) report from the Bureau of Labor Statistics. The latest JOLTS report was published on February 12, 2019 and covers December 2018. Job Openings On the last business day of December, the job openings level reached a series high of 7.3 million – or …
According to the Congressional Budget Office, the 35-day federal government shutdown cost the economy $3 billion in losses that can never be recovered. But despite this dire statistic, job numbers for January 2019 were strong. In January, the economy added 304,000 jobs, marking one hundred straight months of job gains. The Bureau of Labor Statistics …
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