Search result for Bureau of Labor Statistics
A spike in service prices drove up wholesale inflation more than economists had predicted in September.
The Bureau of Labor Statistics stated on Wednesday that wholesale price increases of 0.4% in September were beyond market expectations.
When compared to August's gain of 0.3%, this is a huge jump.
The PPI increased 8.5% over the previous 12 months, somewhat less than the 8...
THE U.S. ADDED 1.4 MILLION JOBS IN AUGUST: BUREAU OF LABOR STATISTICS
Highlights
• The unemployment rate has gone down from 15 percent in April to 8.4 percent in August
• The U.S. has added nearly 50 percent of total jobs lost in the period of COVID-19 pandemic
• The data states that most of the companies are bringing ba...
Job Market Gains 196,000 Non-farm Payrolls
According to the Bureau of Labor Statistics, jobs bounced back in March as payrolls of the non-farm workers have been expanded by around 196 thousand since the level of unemployment was held constant at around 3.8 percent. As economists anticipated economic expansion to dwindle, the job report beat...