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…

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November 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…

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Inflation 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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Job Openings Decreased in August

Federal Reserve’s actions to slow the economy begin taking hold. The Bureau of Labor Statistics reported that job openings in August decreased to 10.1  million, down from 11.239…

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Job Openings Increased in July

The hiring pace slowed for the fourth month in a row. The U.S. Department of Labor announced Tuesday that job openings rose in July as employers become less…

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Unemployment Claims Reach Eight-Month High

Federal Reserve rate hikes may be causing the labor market to slow down.  The number of new applications for unemployment benefits increased by 7,000 last week to 251,000,…

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Latest Jobs Numbers Point to Solid Growth

Numbers ease recession fears for now. U.S. employers added 372,000 jobs to the U.S. economy in June, extending a streak of strong labor market gains, yet the broader…

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President Responds to Strong Jobs Report for May

He says the U.S. can address inflation from a “position of strength.” On Friday, President Biden praised the May jobs report as evidence of the economy’s underlying strength.…

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