By Tom Burnett CFA On April 10, 2024, the Bureau of Labor Statistics released the CPI Report for March 2024. The Index rose by 0.4% in March, the same increase as in February. The Index rose 3.5% for the 12 months ending in March, a larger increase than February’s 3.2% increase or the 3.1% increase…
By Tom Burnett CFA On April 5, 2024, the Bureau of Labor Statistics released its Employment Report for March 2024. Total nonfarm payroll employment rose by 303,000 in March, well above the 231,000 monthly average for the previous 12 months. The unemployment rate remained at 3.8%. Some 6.4 million…
By Tom Burnett CFA On March 12, 2024, the Bureau of Labor Statistics released consumer price information for the month of February. The CPI rose 0.4%, after rising 0.3% in the prior month. On a 12-month basis, the CPI increased by 3.2%, compared to an increase of 3.1% in January. The Core Index…
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…