by Casey Quinlan, Michigan Advance The sturdy labor market continued to chug along in March, with an unemployment rate of 3.8%, marking the 26th straight month of an unemployment rate under 4%. The economy added 303,00 jobs, according to the monthly report released by the Bureau of Labor Statistics on …
Read More »Inflation Hits 40-Year High In June, Biden Points To Decreasing Gas Prices
Inflation reached a 40-year high for June as prices for gas, food and rent increased, according to the latest Consumer Price Index from the Bureau of Labor Statistics on Wednesday. Consumer prices for all items increased 9.1% for the 12 months ending in June compared to last year, the biggest year-to-year increase …
Read More »February Was A Strong Month For The U.S. Economy, But It’s Still Unequal For Women
Originally published by The 19th The economy notched a month of strong growth in February, surpassing expectations by adding 678,000 net jobs — more than half of which went to women. According to new Bureau of Labor Statistics data released Friday, women gained 347,000 new net jobs in the economy, …
Read More »A Record 4.4 Million Americans Quit Their Jobs In September
According to the Bureau of Labor Statistics, 4.4 million Americans quit their jobs in September in search of better pay or better job opportunities. That record number is up from the 4.3 million who quit jobs in August. “Labor now has the initiative, and the era of paying individuals less …
Read More »Employers Added 850,000 Jobs in June, Better Than Expected
Employers added 850,000 jobs in June, well above expectations, the Bureau of Labor Statistics reported Friday. That compares to 559,000 jobs in May and forecasts of a 700,000 increase. Meanwhile, the unemployment rate was slightly changed at 5.9%, up from its 5.8% rate in May. “Notable job gains occurred in …
Read More »