To make the CPI’s health care component more accurate, the Bureau of Labor Statistics changed how it uses health insurance data.

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 U.S. job market as a whole continues to hum along.

The threat comes just when the Federal Reserve really needs a clear picture of how the economy is doing.

Last month, the CPI pegged area inflation at 6% year-over-year, a whole percentage point higher than the national average.

The cost of shelter is driving more than 70% of inflation right now, according to the Bureau of Labor Statistics. So what gives?

There are fewer job openings and fewer people are quitting jobs — signs that the Federal Reserve’s interest rate hikes are working as intended.

A rule that makes the underlying data more consistent has delayed February’s report by a week.

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.

It’s the end of an era — the pandemic era — for the Bureau of Labor Statistics.