Work from home rates have reached a new normal

Jun 28, 2024
BLS survey data showed that in 2023, 35% of employed people did some or all of their work at home.
A man works from his at-home office. If anything, work from home rates will only increase over time, says economist José María Barrero, thanks to technology that makes virtual collaboration possible.
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How does the cost of housing figure into the consumer price index? It's complicated.

Jun 14, 2024
Owners' equivalent rent measures the market cost of living in a home — which is a bit different from how much we actually spend on housing.
The cost of housing makes up more than a third of the CPI.
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How did the closely watched jobs report get its start?

Jun 6, 2024
The survey of employers was created to help answer puzzling questions about labor.
It wasn't until the recession of 1913-1914 that the Bureau of Labor Statistics began regular surveys of employers.
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Many jobs still have demographically skewed workforces, new data shows

Feb 14, 2024
The WSJ’s Lauren Weber talks about "how we sort ourselves into different occupations and how in some ways we are sorted."
About 97% of preschool teachers are women, according to a Bureau of Labor Statistics report on the U.S. workforce.
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U.S. productivity is up for the third quarter in a row. What does that mean?

Feb 1, 2024
Rising productivity makes possible rising living standards over time.
One way to think about productivity is the total amount of income the economy is generating per hour, says Heidi Shierholz at the Economic Policy Institute.
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What does the Bureau of Labor Statistics mean by "little changed"?

Jan 3, 2024
A more stable, less swingy labor market, as reflected in the latest JOLTS data, is usually good news.
After a period of volatility, the BLS has described trends in recent JOLTS reports as little changed, reflecting a return to pre-pandemic conditions in the labor market.
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Corporate profits have been trending down. That's what the Federal Reserve wants to see.

Nov 28, 2023
It means interest rate hikes are having the intended effect. Tapering consumer demand and high labor costs are weighing on earnings.
Corporate profits are feeling the effects of high interest rates and labor costs as well as weaker consumer demand.
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How are health insurance costs reflected in inflation calculations?

Nov 13, 2023
To make the CPI’s health care component more accurate, the Bureau of Labor Statistics changed how it uses health insurance data.
Rather than tracking health insurance premiums, the BLS tracks how much health insurance companies retain of the premiums they receive after paying for services.
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Wage growth cools in October

Nov 3, 2023
Average hourly earnings rose 4.1% year-over-year in October; the rate peaked near 6% in March 2022. The slowdown in wage growth is helping the Fed wrestle inflation lower.
The rate of average hourly earnings growth slowed in October, which is exactly what the Fed hopes might further cool inflation.
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What the number of involuntary part-time workers tells us about the economy

Sep 7, 2022
The "I’d prefer a full-time gig, but I can’t find one” measure can give us a sense of how much slack or unmet potential there is in the labor market.
If involuntary part-time employment starts to tick up, that can be a leading indicator of a slowing economy.
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