bureau of labor statistics

Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
December 06, 2024  |  Economy

It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect...

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Jobless Claims Rise Amid Typical Seasonal Volatility
Jobless Claims Rise Amid Typical Seasonal Volatility
December 05, 2024  |  Economy

Jobless claims reportedly rose last week, though media reports suggested that the rise was due to the volatility in data that is typically seen around holidays....

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Beneath Data Distortions, Jobs Market Shows Signs of Normalizing
Beneath Data Distortions, Jobs Market Shows Signs of Normalizing
November 01, 2024  |  Economy

The U.S. economy added the equivalent of a large company in October, according to data released Friday (Nov. 1) from the Bureau of Labor Statistics....

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Flat Wholesale Price Reading Will Influence Rate Cut Expectations
Flat Wholesale Price Reading Will Influence Rate Cut Expectations
October 11, 2024  |  Economy

The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in...

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Food Services and Healthcare Job Gains Ease Employment Concerns for Low-Income Consumers
Food Services and Healthcare Job Gains Ease Employment Concerns for Low-Income Consumers
October 04, 2024  |  Economy

The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer...

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Labor Market Uneven in August: Job Openings up, but Services Hit Hard
Labor Market Uneven in August: Job Openings up, but Services Hit Hard
October 01, 2024  |  Economy

In the U.S. economy, the jobs market has been volatile to say the least. To that end, the most recent Job Openings and Labor Turnover...

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Soaring Food and Housing Costs Strain Lower-Income Households
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024  |  Economy

The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the...

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Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

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