U.S. inflation jumped 7.5% over the past year, the highest rate of increase in four decades, the Bureau of Labor Statistics said. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in January on a seasonally adjusted basis, BLS said Thursday. Increases in the indexes for food, electricity and shelter were the largest […]
Category: BLS
Job Market Surges in January
The U.S. economy created 467,000 jobs in January, according to new Bureau of Labor Statistics estimates, beating economists’ expectations. Employers added 647,000 jobs in November, topping the 249,000 the Labor Department had estimated; employers also added 510,000 jobs in December, ahead of the 199,000 initially forecast. This means heading into 2022, more than 700,000 jobs […]
Wholesale Prices Rose 9.7% in 2021
The U.S. Bureau of Labor Statistics says the Producer Price Index for final demand increased 0.2% in December, which followed advances of 1% in November and 0.6% in October. On an unadjusted basis, final demand prices moved up 9.7% in 2021, the largest calendar-year increase since data were first calculated in 2010, BLS says. In […]
5 Ways Distributors Can Make Warehouse Jobs More Attractive
Employers created an average of 550,000 new jobs each month during 2021, and the unemployment rate is nudging closer to pre-pandemic levels. But ask any employer and they’ll tell you about the struggles of hiring workers right now. The U.S. Department of Labor’s Bureau of Labor Statistics reported 11 million job openings at the end […]
