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Tag: Bureau of Labor Statistics

A shopper reaches for a carton of eggs from a grocery chain store asking customers to limit their purchases on February 10, 2025 in South Pasadena, California. A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts

U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down. 

Read More U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
Construction workers install windows on a nearly completed office building in San Diego, California, U.S., October 9, 2024. REUTERS/Mike Blake/File Photo

US job openings post biggest drop in 14 months

U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.

Read More US job openings post biggest drop in 14 months
People carry shopping bags during the holiday season in New York City, U.S., December 15, 2022. REUTERS/Eduardo Munoz/File Photo

US consumer prices post largest gain in seven months; cost of rent subsides

Consumer prices increased by the most in seven months, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next week.

Read More US consumer prices post largest gain in seven months; cost of rent subsides
A worker moves products during Cyber Monday at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. REUTERS/Mike Segar/File Photo

Sharp downgrades to US unit labor costs bode well for inflation outlook

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.

Read More Sharp downgrades to US unit labor costs bode well for inflation outlook
SAN RAFAEL, CALIFORNIA - NOVEMBER 03: A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. According to a report by the Bureau of Labor Statistics, job growth slowed in October with a total of 150,000 new jobs added compared to analyst expectations of 180,000. The unemployment rate inched up to 3.9% from 3.8%. (Photo by Justin Sullivan/Getty Images)

November Sees U.S. Job Growth Of 227K, Surpassing Projections

U.S. job growth fought back in November with strong payroll gains after the poor October jobs report reflected labor disruptions due to hurricanes and union strikes. 

Read More November Sees U.S. Job Growth Of 227K, Surpassing Projections
Shoppers walk through the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela/File Photo

Motor vehicles, electronic goods lift US retail sales in October

Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.

Read More Motor vehicles, electronic goods lift US retail sales in October

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