News with the tag "Bureau of Labor Statistics"

Job openings in the United States rose in January to service a steady demand for workers even as federal layoffs tied to the Department of Government Efficiency (DOGE) are expected to take effect in the coming months. According to data from the Bureau of Labor Statistics released Tuesday, available ...

The US job market slowed down a bit in January, with job creation dropping to 143,000 new positions, which is way below December’s upwardly revised 307,000 and far off the 169,000 economists expected, according to the Bureau of Labor Statistics (BLS) report on Feb. 7. The unemployment rate dropped t...

Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and final – meeting of the year. With President-elect Donald Trump about to take back the Oval Office, the Fed faces a critical choice: Should it go ahead with another rate cut? Or

Credit card debt interest rates have significantly risen in the last four years. The U.S. credit card rates have now surged to an all-time high of 23.4%, and the total credit card debt also staged a record number by surpassing the trillion dollar mark.

The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three years. This news comes after U.S. President Joe Biden was accused of tapping into gasoline reserves ahead of the election to ...

Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.

Bitcoin (BTC) is surging past the $61,000 price level as new data reveals that unemployment is on the rise in the US. According to a new economic news release from the U.S. Bureau of Labor Statistics (BLS), fewer-than-expected nonfarm jobs were added in the US during the month of April, contributing...

New data released Thursday showed U.S. inflation remained elevated in September, sending Bitcoin and other cryptocurrencies modestly lower. The Consumer Price Index, which tracks costs for household goods and services, rose 0.4% last month, according to the Bureau of Labor Statistics. While that mar...

The U.S. economy saw an addition of 187,000 jobs in July, which indicates a healthy gain. The unemployment rate also saw a slight decline, reaching 3.5 percent, as the Bureau of Labor Statistics reported on Friday. The previous two months have had the worst employment growth since December 2020, com...

On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis. Labo...