BLS: CPI February 2024
The BLS released the CPI report this morning so let’s take a look. The chart below was generated by AI. The green areas note positive (lower) changes and the red…
BLS: JOLTS – January 2024
The BLS released the JOLTS report and it shows a continued high elevated job openings of nearly 9 million. From the BLS: JOB OPENINGS AND LABOR TURNOVER – JANUARY 2024…
BLS: PPI January 2024
The BLS released the January PPI report and it came in hotter than expected at 0.3 percent. The Producer Price Index for final demand increased 0.3 percent in January, seasonally…
BLS: CPI January 2024
January inflation report came in hotter than expected and it’s not a surprise because we know that millions of baby boomers are retiring each year depleting the labor force but…
BLS: CPI December 2023
This morning the BLS released the CPI report for December and inflation seems to have spiked back up. CONSUMER PRICE INDEX – DECEMBER 2023 The Consumer Price Index for All…
BLS: November ’23 JOLTS 8.8 MIllion
The BLS released the JOLTS report for November 2023. Let’s take a look: JOB OPENINGS AND LABOR TURNOVER – NOVEMBER 2023 The number of job openings changed little at 8.8…
BLS: CPI November 2023
The BLS released the November CPI report today and while many are cheering the continued decline in inflation, there is still plenty to worry about. CONSUMER PRICE INDEX – NOVEMBER…
BLS: JOLTS, Productivity & Labor Participation
While we eagerly await the JOLTS report to see how the job opening are doing, we also keep a keen eye on the labor participation rate. On JOLTS: The number…
BLS: PPI October 2023
The BLS released PPI report and while goods inflation is down, services (the labor part) is unchanged. From the BLS: PRODUCER PRICE INDEXES – OCTOBER 2023 The Producer Price Index…
BLS: CPI October 2023
The BLS released the October inflation report and there is an interesting observation we have made, we call it “people wage inflation.” From the BLS: CONSUMER PRICE INDEX – OCTOBER…