By Tom Burnett CFA On March 8, 2024, the Bureau of Labor Statistics released its Employment Report for February. Total nonfarm payroll employment increased by 275,000 to a total of 157.8 million. The unemployment rate rose from 3.7% to 3.9%. The number of workers seeking employment was 6.5 million…
By Tom Burnett CFA On February 2, 2024, the Bureau of Labor Statistics released its Employment Report for January. Total nonfarm payroll employment rose by 353,000, similar to the gain of 333,000 in the previous month. The unemployment rate was 3.7% for the third month in a row. The number of…
By Tom Burnett CFA On January 11, 2024, the Bureau of Labor Statistics released its Consumer Price Index report for December 2023. The CPI increased by 0.3%, following a rise of 0.1% in November. The CPI for October was flat. The latest year-over-year rate was an increase of 3.4%. The Core rate…
By Tom Burnett CFA On January 5, 2024, the Bureau of Labor Statistics released the Employment Report for December 2023. The Report stated that total payroll employment rose by 216,000 jobs. The unemployment rate was unchanged from the prior month at 3.7%. Total nonfarm payroll employment is now 158…
Colleen Kelleher Sorrentino addresses Avoiding Fear-based Decision Making in this month’s Advisor Perspectives. Read the article here.