The Consumer Price Index, if you take out food and energy, showed prices rising slightly. It climbed 0.2 percent, so year-over-year prices have climbed 2.2 percent. One of the reasons for the price hikes in November was rent. And you might not be happy to hear it, but it could well be another sign of […]
Two numbers in the Labor Department’s jobs report Friday seem to indicate the job market might be slowing down a bit, or at least hitting the pause button. First, what it calls the U-6 unemployment rate: It measures total unemployment, including discouraged and underemployed workers. It rose 0.2 percent to 7.6 percent. Second, within that U-6 […]
The low unemployment rate is the best it’s been in 18 years, but wages were growing faster back then
The unemployment rate fell to 3.9 percent in April, the lowest it has been since the early 2000s — near the end of both President Bill Clinton’s second term and the dot-com boom. But wages back then were rising at a faster pace, while they’ve been pretty flat in today’s job market. Why? What are […]
President Donald Trump’s steel and aluminum tariffs will take effect in two weeks. But it will probably be months before there’s any evidence of how the tariffs will impact the job market. Click the audio player above to hear the full story.
A big date on the economic calendar this week: the Federal Reserve’s Open Market Committee meeting Dec. 12 and 13. We’ll find out Wednesday whether it’s raising short-term interest rates again. An important piece of the economic puzzle landed on today with the November jobs report. It showed unemployment at a low 4.1 percent and […]
U.S. unemployment rate remains steady at 4.1 percent.
The Bureau of Labor Statistics puts together the monthly jobs report from two separate surveys that track the job market differently. The Establishment or Payroll Survey counts jobs and wages as reported by 147,000 sample employers. The Household Survey counts people who are employed, unemployed or not in the labor force as reported in phone questionnaires […]
One AI pioneer said learning the basics of coding and AI could be key to income equality and opportunity in the future.
Pam Palme, a nurse anesthetist in Colorado, shares her story of going back to school to pursue nursing.