BLS JOLTS: 10.5 Million Jobs Open
The BLS released their JOLTS report today and it doesn’t show what the Federal Reserve expected it to show – a decline in job openings. The number of job openings…
BLS: November CPI 7.1 Percent
The BLS released the Consumer Price Index for November and while it dropped from 7.4 percent year over year to 7.1 percent year over year, the number is still too…
BLS: November PPI 7.4 Percent YoY
BLS reported Producer Price Index and it continues to be stubbornly high. The Producer Price Index for final demand advanced 0.3 percent in November, seasonally adjusted, the U.S. Bureau of…
BLS: Inflation at 7.7 Percent
The BLS released October inflation report and the market is cheering 7.7 percent inflation. We took the opportunity to sell into this rally so we’ll be updating our portfolio positions…
BLS: Productivity & Costs
The BLS released productivity and costs report and it show labor costs increased 3.5% year over year impacted by a 1.3 percent decrease in productivity. Unit labor costs in the…
BLS: September JOLTS Report
The BLS released their JOLTS report today and job opening INCREASED from the prior month. The Fed has been aggressively raising rates to cool the economy but there are now…
The Inflation Hurricane Continues
The BLS released their economic cost index summary yesterday and it shows that wage inflation is still climbing aggressively. In a world where most firms give 2% to 3% raises,…
BLS: August 2022 Inflation Check
The BLS released the PPI and CPI data this week and both were troubling. The Producer Price Index for final demand increased 0.4 percent in September, seasonally adjusted, the U.S.…
Covid Over But Healthcare Costs Just Getting Started
While the cost of energy, oil, gas and electricity make headlines everyday, very few people are talking about another big cost issue in the CPI: Healthcare. We took a look…
BLS: August 2022 JOLTS Report
The BLS released their August JOLTS Report and it shows job openings decreased to 10.1 million. The number of job openings decreased to 10.1 million on the last business day…