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Surprise Surge: May Job Openings Reach 8.14M, Beating Forecast
Tuesday, July 2, 2024 - 12:01pm | 419Read More...The number of job openings for May came in higher than expected, according to data from the U.S. Bureau of Labor Statistics. There were 8.14 million job openings in May, according to the Job Openings and Labor Turnover Survey (JOLTS) released on Tuesday. That beat market expectations of 7.9 million...
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Thanksgiving's Inflation Rate Is Way Higher Than What Government Says: These Statistics Contradict Biden's Claims
Thursday, November 23, 2023 - 12:10pm | 850Read More...As President Joe Biden celebrated his 81st birthday this week by pardoning National Thanksgiving Turkeys and cracking jokes about his age, the White House put forth a rosy picture of the nation’s grocery inflation, claiming it to be at its lowest level in more than two years. However, a...
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Friday's Jobs Number Could All But Guarantee The Federal Reserve Takes Its Foot Off The Gas On Inflation
Thursday, May 4, 2023 - 2:32pm | 661Read More...Key jobs data is due Friday, and recent numbers suggest the labor market remains tight. Here's a look at what you need to know ahead of Friday's print. Friday's Jobs Report: The Bureau of Labor Statistics is set to release the April nonfarm payrolls ...
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The Federal Reserve's Preferred Inflation Data Just Cooled And Risk Assets Are Flying: What's The Fed's Next Move?
Thursday, December 1, 2022 - 10:08am | 625Read More...The SPDR S&P 500 (NYSE: SPY) is on the rise Thursday morning after the Bureau of Economic Analysis reported a 6% increase in the personal consumption expenditures price index in October. What Happened: The headline PCE came in at 6% for October, down from...
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August Inflation Runs Hot, Melting Stocks As Bears Reemerge: What Investors Need To Know
Tuesday, September 13, 2022 - 8:42am | 503Read More...The SPDR S&P 500 (NYSE: SPY) is moving lower Tuesday morning after the Labor Department reported an 8.3% year-over-year increase in the consumer price index for August, another sign that inflation may have peaked in June. What Happened: According to data from the U.S. Bureau of...
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US Producer Prices Fall For First Time In 2 Years: What Investors Need To Know
Thursday, August 11, 2022 - 10:48am | 433Read More...U.S. producer prices fell last month for the first time since early 2020 on the back of lower energy costs. What Happened: The producer price index fell 0.5% in July, the U.S. Bureau of Labor Statistics reported Thursday. Average economist estimates were calling for an...
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Unemployment Rate Reaches Lowest Level Of Pandemic: What You Need To Know
Friday, August 6, 2021 - 10:02am | 405Read More...Employment rose by almost 950,000 jobs in July and the unemployment rate dropped by 0.5%, according to Friday's Bureau of Labor Statistics report. That leaves the unemployment rate at 5.4%, the lowest it's been since the pandemic began in America in March 2020. The leisure and...
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Employment Follow: A Strong Month For The Logistics Sector
Friday, September 4, 2020 - 4:02pm | 771Read More...The employment report released Friday morning reflects a trucking and logistics sector whose employment levels are starting to reflect the hefty activity evidenced in other data points. After minor job growth in July compared to June, the number of trucking jobs in the U.S. rose by 10,000 in...
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Breaking News: Trucking Jobs Rose By 8,100 In June
Thursday, July 2, 2020 - 10:09am | 279Read More...(Correcting earlier rate of change). Trucking jobs in the U.S. rose by 8,100 jobs in June but there were 18,000 jobs less in the sector than they were in June 2019, according to the monthly employment report of the Bureau of Labor Statistics (BLS). Truck transportation jobs in June totaled 1,440...
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U.S. Policy Responses To Labor Market Distress
Monday, May 11, 2020 - 3:12pm | 1720Read More...The unemployment data tells the story of the economic damage in the United States better than any other data, and the numbers are overwhelming. In the monthly employment reports, over 20 million jobs were reported as lost in April 2020, and the unemployment rate was reported as a dismal 14.7%. This...
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Why 25 Million Americans Didn't Make The Leap To Self-Employment
Thursday, January 30, 2020 - 11:52am | 721Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. According to a Bureau of Labor Statistics report in 2016, the last year in which the agency collected data, there are over 15 million self...
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Labor Availability Job One Of DC Site Selection
Friday, February 8, 2019 - 12:30pm | 1279Read More...Soaring warehouse employment since 2012 (Image: SONAR) In 2013, Tim Mark, head of warehouse operations at WaytekWire, an electric parts distributor in Minneapolis, had a problem that today has become all too commonplace – finding a reliable labor pool to handle orders from his company...
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Unemployment Rate Hits Lowest Level Since 2007
Friday, May 5, 2017 - 10:20am | 310Read More...The U.S. unemployment rate continued to decline throughout April to 4.4 percent against a 4.6-percent forecast and 4.5-percent March rate, according to a Friday employment report by the Bureau of Labor Statistics. Economist Mohamed El-Erian said the lower rate could eventually manifest in higher...
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It's A Beat: Non-Farm Payrolls Smash Expectations
Friday, March 4, 2016 - 10:07am | 303Read More...The U.S. non-farm payroll numbers topped expectations. Although the beat is an indication that the economy is improving and a positive for the dollar, the bad hourly earnings took some sheen off the report. Total non-farm payroll employment increased by 242,000 in February, and the unemployment...
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3 Experts Follow Up On May Jobs Report
Friday, June 5, 2015 - 1:13pm | 623Read More...The U.S. Bureau of Labor Statistics released its monthly employment report on Friday morning. Total nonfarm employment increased by 280,000 in May, beating expectations of about 225,000. The unemployment rate was 5.5 percent, which was 0.1 percent higher than predicted. Other notable data...















