Bls news and trends

Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Economy // February 13, 2024

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday (Feb. 13) in a news release that, overall, prices were up 3.1% in January, as...

Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Economy // April 23, 2023

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics (BLS) shows that those added profits contributed 0.3 to 0.7 percentage points to the almost 16% increase in the Consumer...

US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
Economy // March 10, 2023

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly gain of 343,000 seen over the prior six months, the Bureau of Labor Statistics (BLS) said in...

Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
Economy // February 14, 2023

A majority of consumers think inflation this year will trump 2022’s soaring pace. The latest data from the Labor Department may not dispel that notion.  Not when the cost of simply putting food on the table keeps going up. PYMNTS found in its latest report...

Interviews & Exclusives
Inflation’s Still With Us as Food and Shelter Were Pricier in January 

February 13, 2024
The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday (Feb. 13) in a news release that, overall, prices were up 3.1% in January, as measured year on year and 0.3% higher as measured month […]

Amid Job Numbers Blowout, Gig Economy Thrives

February 04, 2019
On Friday (Feb. 1), the government reported job numbers that blew away expectations. Data from the BLS and ADP, triangulated against the PYMNTS/Hyperwallet Gig Economy Index, showed that as full-time...

Quick Reads
Job Openings Slip 4.8% in April, Signaling Cooler Labor Market

June 04, 2024
The number of job openings in the United States declined by 4.8% in April. There were 8.1 million job openings available on the last business day of April, down from 8.4 million in March, the Bureau of Labor Statistics (BLS) said in a Job Openings and Labor Turnover Summary released Tuesday (June 4). The April figure was […]

Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows

April 23, 2023
New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics (BLS) shows that those added...

US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average

March 10, 2023
Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for January and the average monthly...

Labor Dept: Commercial Banking Jobs Decline Following COVID

May 27, 2022
Employment in America rose by 6.7 million last year, the largest calendar-year gain since the federal government began its Current Employment Statistics (CES) survey. That’s according to the U.S. Bureau...