Inflation in August remained sticky as renewed tensions with Iran continued pushing up oil prices, keeping pressure on the Fed to consider a rate hike at its upcoming meeting, according to an analysis from the National Association of Home Builders. …
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U.S. Adds 162,000 Jobs in August Amid Manufacturing, Construction Gains
The U.S. economy added 162,000 in August as hiring was unexpectedly up during the month, according to the U.S. Bureau of Labor Statistics’ latest report. The unemployment rate was unchanged at 4.1%, and the number of unemployed people changed little …
Read More »Construction Job Openings Up in July Amid Demand for Data Center Construction
The number of open positions in the construction sector increased in July, according to the latest Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to …
Read More »Inflation Slows in June Amid Lower Energy Prices
Inflation slowed to 3.5% in June, down from a three-year high in May, largely driven by a ceasefire agreement in mid-June that stabilized oil markets and lowered energy prices. The decline in energy prices offset increases in shelter and food, …
Read More »Construction Job Openings Up in May
The number of open positions in the construction sector increased in May, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from three years ago due to …
Read More »Inflation Up in May
Inflation rose in May to the highest rate in three months, according to the latest Consumer Price Index released by the Bureau of Labor Statistics. The all items index rose 4.2% for the 12 months ending May, after rising 3.8% …
Read More »U.S. Economy Adds 172,000 Jobs in May
The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …
Read More »Construction Job Openings Up Slightly in April
The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …
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