BLS
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Wholesale Inflation Surges to 3%, Complicating Fed’s Rate Cut Outlook
Wholesale prices surged more than anticipated in November, with the Producer Price Index (PPI) rising 3% year-over-year, according to the Bureau of Labor Statistics (BLS).
Stock Market Today: Stocks Mixed Amid Fresh Jobs Data and Awaiting Fed Clarity
U.S. stocks were mixed on Tuesday as investors digested new job openings data and awaited future remarks from Federal Reserve officials.
A Cooling Labor Market: What It Means for Interest Rates
The latest labor market data shows a gradual cooling in the job market. Initial jobless claims remained relatively flat while continuing claims rose to their highest level since November 2021. These developments have significant implications for the Federal Reserve's interest rate policy.
Inflation Woes: Household Budgets Are Feeling the Pressure
American wallets are feeling the pressure as inflation continues to linger above the Federal Reserve's target of 2%. While the overall Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS) showed a 3.2% year-over-year increase in February, exceeding expectations, the breakdown reveals specific areas hitting wallets the hardest.
Labor Forecast Predicts 5.6% Decrease in Demand for Temporary Workers in 2023 Fourth Quarter
[ad_1] — Industry Consulting Firm G. Palmer & Associates’ Quarterly Forecast Assists in Previewing Near-Term Hiring Patterns – NEWPORT BEACH, CA – (NewMediaWire) – October 27, 2023 – Demand for temporary workers in the United States is expected to decrease 5.6% on a seasonally adjusted basis for the 2023 fourth quarter, when compare
Labor Forecast Predicts 4.3% Decrease in Demand for Temporary Workers in 2023 Third Quarter
[ad_1] — Industry Consulting Firm G. Palmer & Associates’ Quarterly Forecast Assists in Previewing Near-Term Hiring Patterns – NEWPORT BEACH, CA – (NewMediaWire) – August 4, 2023 – Demand for temporary workers in the United States is expected to decrease 4.3% on a seasonally adjusted basis for the 2023 third quarter, when compared w
Labor Forecast Predicts 1.5% Increase in Demand for Temporary Workers for 2023 First Quarter, Again Signaling Continued Tight Labor Market Ahead
[ad_1] Industry Consulting Firm G. Palmer & Associates’ Quarterly Forecast Assists in Previewing Near-Term Hiring Patterns NEWPORT BEACH, CA – (NewMediaWire) – January 19, 2023 – Demand for temporary workers in the United States is expected to increase 1.1% on a seasonally adjusted basis for the 2023 first quarter, when compared with the
NewMediaWire | Glik's, the 14th Oldest Retailer in the US, is Celebrating Its 125th Year Anniversary the Week of October 3rd
[ad_1] COLLINSVILLE, IL – (NewMediaWire) – September 30, 2022 – Glik’s, the 14th oldest retailer in the United States, announced today that the company is celebrating its 125thYear Anniversary the week of October 3rd– 9th, 2022. To say thank you to their customers, the company released a video celebrating their 125th year in business
Labor Forecast Predicts 9.6% Increase in Demand for Temporary Workers for 2022 Third Quarter, Signaling a Continued Tight Labor Market Ahead
[ad_1] Industry Consulting Firm G. Palmer & Associates’ Quarterly Forecast Assists in Previewing Near-Term Hiring Patterns NEWPORT BEACH, CA – (NewMediaWire) – July 15, 2022 – Demand for temporary workers in the United States is expected to increase 9.6% on a seasonally adjusted basis for the 2022 third quarter, when compared with the same