Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
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Labor Department Reports Over 1.8 Million on Unemployment
Claims went up 13.1 percent over the previous week. The Labor Department reported that the number of people in the U.S. who are receiving unemployment benefits rose last…
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Acting Labor Secretary Responds to September Jobs Report
Hospitality employment numbers draw an upbeat statement. Acting Secretary of Labor Julie Su expressed optimism over the latest employment report released by the Bureau of Labor Statistics. The…
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Federal Reserve Raises Interest Rates Again
Rates are now at a 22-year high. In its meeting Wednesday, the Federal Reserve increased interest rates by another quarter percent, still claiming the rate increases are necessary…
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Aviation Industry Taps Military Vets to Fill Job Openings
Airlines continue to experience pilot shortages. The U.S. aviation industry is facing a continued shortage of qualified pilots to fill ever-increasing job openings. The U.S. Bureau of Labor…
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Labor Department Reports Inflation Fell in March
Still higher, at 5 percent, than the Federal Reserve target. The Bureau of Labor Statistics reported last week that inflation decreased one percentage point in March, ending at…
Read MoreNovember Job Growth Higher Than Expected
Unemployment remains at 3.7 percent. The Bureau of Labor Statistics released figures on Friday that show the economy gaining 263,000 jobs in November, which is higher than economists…
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Inflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
Read MoreInflation Higher Than Expected in September
President acknowledges the possibility of a “slight” recession. The Bureau of Labor Statistics released a report on Wednesday showing that inflation, as measured by producer wholesale prices, was…
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Labor Secretary Responds to September Jobs Report
Government reports a quarter million jobs were added to the economy last month. The government reported Friday that the U.S. economy added 263,000 payrolls in September. At the…
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