Articles by tag: Labor Department
(Bloomberg) –US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes. The overall consumer price index fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years, according to […]
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October Jobs Report: Leisure and Hospitality Lead the Way
The October Jobs Report was released by the United States Bureau of Labor Statistics on Friday. The government reported that U.S. payrolls increased by 128,000, beating the expectation of 75,000 from economists. Leading the way was the leisure and hospitality sector, which alone contributed 61,000 new jobs in October. Of that total, 48,000 jobs are […]