Tag: Labor Department
Retail sales unexpectedly fall in July as government tax refunds fade
NEW YORK (AP) – Americans unexpectedly cut their spending in July as a boost from government tax refunds faded.
Retail sales slipped 0.6% last month,...
Wholesale price inflation slows last month as gas, food costs fall
WASHINGTON (AP) – Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign...
Inflation cooled last month as gas prices fell, though costs remain...
WASHINGTON (AP) – U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the...
U.S. employers unexpectedly cut 23K jobs amid strain from the Iran...
WASHINGTON (AP) – U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June....
U.S. June job openings slip to 7.4 million
WASHINGTON (AP) – U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic...
U.S. producer prices drop 0.3% from May to June on lower...
WASHINGTON (AP) – U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook.
The...
Inflation cools more than expected in June
WASHINGTON (AP) – U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while...
U.S. hiring falls to just 57K in June amid elevated inflation,...
WASHINGTON (AP) – U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and...
Job openings stayed at a surprisingly strong 7.6M in May
WASHINGTON (AP) – U.S. job openings stayed at a surprisingly strong 7.6 million in May as the American labor market remains resilient in the...
U.S. producer prices rose 6.5% in May on higher energy prices,...
WASHINGTON (AP) – U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after...
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