July Inflation Came In Right on Target at 3.4% — But Wages Are Losing the Race The Consumer Price Index rose just 0.1% in July, the Bureau of Labor Statistics reported Wednesday, August 12, cooling the annual inflation rate to 3.4% from June’s 3.5% — a result that landed exactly in line with Wall Street’s … Read more
July CPI Report Due Today — Why Economists Expect Inflation to Reverse Course After June’s Surprise Drop The Bureau of Labor Statistics releases its July Consumer Price Index report today, Wednesday, August 12, at 8:30 a.m. Eastern time — and economists widely expect it to reverse the surprisingly good inflation news from June, driven by … Read more
U.S. Economy Unexpectedly Lost 23,000 Jobs in July, Confounding Forecasts of a Gain The U.S. economy shed 23,000 nonfarm payroll jobs in July, the Bureau of Labor Statistics reported Friday, August 7 — a sharp reversal from economists’ expectations of solid job gains and the first outright payroll decline in months, even as the unemployment … Read more
July Jobs Report Due Today — Economists Expect 85,000 New Jobs After a Rocky Few Months The Bureau of Labor Statistics releases its closely watched July employment report today, Friday, August 7, at 8:30 a.m. ET, capping a week of mixed labor market signals that have left economists and investors uncertain about whether the U.S. … Read more
Job Openings Slip to 7.36 Million in June, Falling Short of Expectations Ahead of Friday’s Jobs Report U.S. job openings edged lower in June, coming in below Wall Street’s expectations and offering the latest signal of a labor market that continues to cool gradually rather than dramatically, according to data released Tuesday, August 4, by … Read more