U. S. Employment Rose by 236,000 jobs in March 2023

By Tom Burnett CFA On April  7 , 2023, the Bureau of Labor Statistics released its March 2023 Employment Report.  Total nonfarm payroll employment rose by 236,000 in March to a seasonally adjusted 155.6 million.    The number of  unemployed workers was unchanged at 5.8 million.  The unemployment…

By Colleen Kelleher Sorrentino Tax issues are an area most of us focus on once a year. However, if you are heading into retirement and you do not have a solid tax plan in place, you could be paying thousands of dollars in taxes needlessly.

By Tom Burnett CFA On March 22, 2023, the Federal Reserve raised the Fed Funds rate by 25 basis points to a range of 4.75%-5.0%.  The vote was unanimous among all 12 voting members.  In its press release, the Fed warned that additional “policy firming may be appropriate.”  The Fed is remaining…

By Tom Burnett CFA On March 15, 2023, the Bureau of Labor Statistics reported the Producer Price Index information for February.   The PPI fell by 0.1% in February, after advancing 0.3% in January.  Over the past 12 months, the PPI has risen by 4.6%, well below the 11.7% 12-month increase for March…

By Tom Burnett CFA On March 14, 2023, the Bureau of Labor Statistics reported the consumer price information for the month of February.  The Consumer Price Index rose 0.4% in February, after an increase of 0.5% in January.  Over the past 12 months, the Index has increased by 6.0%, the smallest 12-month…