By Tom Burnett CFA On December 2, 2022, the Bureau of Labor Statistics released the monthly jobs report for November. Total nonfarm payroll employment rose by 263,000 to end the month at 153.5 million. Total employment has now exceeded the pre-Covid level of February 2020. Total employment one…
By Tom Burnett CFA On November 15, 2022, the Bureau of Labor Statistics released the Producer Price Index (“PPI”) for the month of October. The PPI rose 0.2% in October, following an increase of 0.2% in September. The PPI was unchanged in the month of August. The largest monthly increase in…
By Tom Burnett CFA On November 10, 2022, the Bureau of Labor Statistics released the Consumer Price Index report for the month of October. The CPI rose 0.4% in October, the same increase as in September. Over the past 12 months, the Index rose by 7.7%. The 7.7% figure was the smallest increase…
By Tom Burnett CFA On November 4, 2022, the Bureau of Labor Statistics released the employment data for the month of October. Total nonfarm payroll employment rose by 261,000 in the month. The unemployment rate rose from 3.5% in September to 3.7% with the number of unemployed workers rising by…
Colleen Kelleher Sorrentino speaks to Preserving Generational Wealth in Advisor Perspectives