The Federal Reserve maintained current interest rates as the unemployment rate and layoffs are at historical lows. The Labor Department’s Bureau of Labor Statistics reported that applications for…
Read MoreBureau of Labor Statistics
U.S. Employment Growth Surpasses Expectations in May
Labor market adds 172,000 jobs as unemployment holds steady and wage growth slows. The Bureau of Labor Statistics released data showing that the U.S. economy added 172,000 nonfarm…
Read More
Labor Department Reports Lowest Weekly Unemployment Numbers in Over 5 Decades
The number of U.S. jobless claims fell to the fewest since 1969. The U.S. Labor Department’s Bureau of Labor Statistics released the unemployment benefit applications April 25 that…
Read More
The White House Responds to BLS Consumer Price Index Report
The report shows the inflation rate continuing to cool. The Bureau of Labor Statistics (BLS) issued its Consumer Price Index (CPI) report for January late last week. The…
Read MoreLabor Department Releases September Jobs Report Delayed by Shutdown
The report came out nearly a month and a half late due to Congress not neglecting to fund the federal government. The Bureau of Labor Statistics (BLS) released…
Read More
Federal Reserve Lowers Interest Rate for Second Time in 2025
The most recent CPI numbers showed a slightly lower increase in inflation than anticipated. The Federal Reserve reduced the federal interest rate by .25 percent on Wednesday. Chairman…
Read More
National Economic Council Director Responds to Firing of BLS Commissioner
He supports President Trump’s move to improve the accuracy and reliability of data. President Donald Trump fired the Commissioner of the Bureau of Labor Statistics (BLS), Erika McEntarfer,…
Read MoreBureau of Labor Statistics Reports Job Growth of 139,000 in May
Monthly employment data shows standard hiring increase ahead of summer. The Bureau of Labor Statistics recently released its monthly employment report, recording a growth of 139,000 nonfarm payroll…
Read MoreApril Employment Numbers Exceed Estimates
Nonfarm jobs were higher than expected even as the federal government downsized. The Bureau of Labor Statistics (BLS) reported an increase of 177,000 nonfarm jobs during April. This…
Read More
Consumer Prices Decreased in February
White House press secretary reports that inflation reached the lowest level in nearly four years. The Department of Labor’s Bureau of Labor Statistics reported that February’s core consumer…
Read More