With Prices Stubbornly High in March, Rates Likely Won’t Lower Soon
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered ...
Tag: U.S. Bureau of Labor Statistics
Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the ...
Job Growth Remains Strong, but Rise in Unemployment Creates Mixed Picture
Job growth news remained positive in February, with companies adding nonfarm payroll workers at the continued strong pace of 275,000 ...
U.S. Employment Soars, With 353,000 Jobs Added in January
Job growth was unexpectedly strong in January, with companies adding workers at the robust pace of 353,000 last month, another ...
Job Growth Cools With U.S. Economy Adding 150,000 Jobs in October
Total nonfarm payroll growth increased by 150,000 in October, and the unemployment rate changed little, increasing 3.9% over last month’s ...
Inflation Stays High; NAR Chief Economist Cites Rising Rents as Catalyst
Inflation remained high in September after picking up over the summer as gains in rent and other services offset another ...
U.S. Unemployment Crept Up to 3.7% in October
The national unemployment rate has increased to 3.7% after the number of unemployed people in the U.S. rose by 306,000 ...
U.S. Unemployment Edges Down to 3.5% in September, Though Job Additions Lag
The unemployment rate in America was down to 3.5% in September, returning to its July level, while the number of ...
U.S. Unemployment Hits Pre-Pandemic Levels as Job Growth Surges in July
And just like that, U.S. unemployment has recovered from its pandemic-induced doldrums. However, the labor market is still tight despite ...
U.S. Inflation Climbs to New Heights in May
U.S. inflation has again risen to new heights, as recent reports from the U.S. Bureau of Labor Statistics (BLS) indicate ...
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