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Tag: Bureau of Labor Statistics

People line up outside Kentucky Career Center prior to its opening to find assistance with their unemployment claims in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston/File Photo

US job openings drop to more than 3-1/2 year low in September

U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.

Read More US job openings drop to more than 3-1/2 year low in September
A ship stacked with shipping containers is unloaded on a pier at Port Newark, New Jersey, U.S., November 19, 2021. REUTERS/Mike Segar/File Photo

US import prices post largest drop in eight months

Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.

Read More US import prices post largest drop in eight months
SAN RAFAEL, CALIFORNIA - MARCH 08: Home Depot customers walk by a posted now hiring sign on March 08, 2024 in San Rafael, California. According to a report from the Bureau of Labor Statistics, the U.S. labor market added 275,000 nonfarm payroll jobs in February, beating analyst expectations of 200,000. The unemployment rate inched up to 3.9% from 3.7% in January. (Photo by Justin Sullivan/Getty Images)

Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy

U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.

Read More Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy
AUSTIN, TEXAS - AUGUST 03: People pump gas at a Shell gas station on August 03, 2023 in Austin, Texas. Gas stations around the country have boosted prices by an average of 26 cents a gallon over the past month as irregular temperatures have made fuel-making more challenging due to the slowing of cooling processes needed to refine crude oil. (Photo by Brandon Bell/Getty Images)

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month. 

Read More U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022. US employers added 390,000 jobs last month, the government reported on June 3, 2022, a sign of a slowdown in hiring but still a better-than-expected result. The jobless rate held steady at 3.6 percent for the third consecutive month, just a tenth of a point above the pre-pandemic level of February 2020, the Labor Department said. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%

U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession. 

Read More Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

US job growth slows moderately; unemployment rate rises to 4.1%

The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.

Read More US job growth slows moderately; unemployment rate rises to 4.1%

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