The grocery bill may increasingly be hard to swallow. The restaurant tab may make diners hesitant to reach for the check, and perhaps seek to split the bill with the rest of the table. In terms of headline numbers, the Consumer Price Index (CPI) increased 0.1% in...
U.S. workers’ median weekly earnings have grown faster than inflation over the last year. The usual weekly earnings of full-time wage and salary workers in the first quarter were 6.1% higher than they were a year earlier, while the Consumer Price Index for all urban...
The government shutdown was no speed bump, at least, according to the latest job numbers. Data released on Friday (Feb. 1) morning found that job growth, as measured in January, sent nonfarm payrolls up by as many as 304,000 positions. That growth trounced estimates of...
The pace of job growth quickened in September, to a level not seen in seven months, according to data released Wednesday by ADP and Moody’s Analytics. The headline number shows that private firms added as many as 230,000 positions in the month, which comes within...
April 30, 2024
American labor costs rose more than anticipated last quarter, new government data shows. The Employment Cost Index (ECI), a measure of wages and benefits, climbed 1.2% last quarter after increasing by an unrevised 0.9% during the last three months of 2023, the Bureau of Labor Statistics said Tuesday (April 30). Wage growth was more pronounced year-over-year, with […]
April 18, 2023
U.S. workers’ median weekly earnings have grown faster than inflation over the last year. The usual weekly earnings of full-time wage and salary workers in the first quarter were 6.1%...
September 13, 2018
New census data shows that U.S. household incomes rose for the third straight year, up 1.8 percent when adjusted for inflation. The Wall Street Journal reported that the figures, released...
August 13, 2018
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up...
