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The Latest Breaking News from BLS

'There's definitely an accountant shortage out there': MBAs have become the go-to degree and companies are struggling to hire enough CPAs

The number of companies trying to hire accountants hasn't slowed one bit.

Fortune

Jobs Report Shows 261,000 New Hires In October, Mixed Wages Data: Stocks Surge

Modestly firmer monthly wage gains, along with nearly 580,000 new hires over the past two months, suggests the domestic labor market remains solid heading into the holiday season.

The Street

27 Jobs That Pay Over $60,000 a Year With Just an Associate Degree

About 28% of workers with associate degrees earn more than the median earnings of workers with bachelor’s degrees. Here are some of those top paying jobs.

The Street

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read the most diverse news in one place.

US economy adds 263,000 jobs in September

The positive jobs report could be a sign that recent interest rate increases haven’t caused businesses to slow hiring

The Independent UK

Does anyone want a government job? Anyone?

Businesspeople in the U.S. have been complaining for more than a year about how hard it is to hire anybody. Their public-sector counterparts have had it worse, though, and it might not just be a pandemic thing.

Tribune News Service

Towering above the rest

Vietnam, an emerging market with one of the highest growth rates in the world, has drawn significant investments from abroad.

Bangkok Post

Latest Inflation Numbers Show That Rent Is Too Damn High

The cost of shelter was up 0.7 percent in August and 6.2 percent for the year, according to the latest Consumer Price Index report.

Reason

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August Inflation Shock: Core Prices Rise, Knocking Back Peak CPI Bets; Stocks Slump

Core inflation pressures resurfaced last month, BLS data indicated Tuesday, accelerating bets on a big Fed rate hike next week in Washington.

The Street

Here's Why the CPI Report Will Dictate The Market Bottom

The Consumer Price Index (CPI) is the inflation gauge. Inflation is the rate at which prices are rising and in turn eroding your buying power. It's released by the U.S. Bureau of Labor Statistics (BLS) on a monthly basis. It measures the average rate of change in prices paid by…

Benzinga

Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined

Plus: The Virginia Libertarian Party dissolves, San Franciso decriminalizes psychedelic plants, and more...

Reason

Riding investment volatility to glory with the Nasdaq-100 Index®

The first half of 2022 has proven to be one of the most challenging environments for investors to navigate in decades. Inflationary pressures arose in 2021 as the world started reopening following mass vaccination against Covid-19. Nevertheless, inflationary pressures have only increased, forcing the Federal Reserve into an extremely hawkish…

Bangkok Post

'Goldilocks' August Jobs Report Shows 315,000 New Hires, Slowing Wage Growth: Stocks Jump

An expanding labor market isn't boosting wages, the BLS's August Jobs report indicated Friday, sending stocks on Wall Street firmly higher.

The Street

Bualuang upbeat on Q4 SET Index rally

Bualuang Securities (BLS) is bullish about prospects for the Thai stock market in the fourth quarter, saying tourism-related businesses would play a key role in driving economic growth and the SET Index could reach 1,705 points by the year-end.

Bangkok Post

Commentary: Women shouldn’t do any more housework this year

Women spend 47 minutes more on housework on average than men each day, according to the Bureau of Labor Statistics. That adds up to roughly 5 ½ hours each week, and that’s not including child care, grocery shopping or errands, which the BLS classifies in other categories and of which…

Tribune News Service

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The Street

What Is the Bureau of Labor Statistics? Definition, Function & Importance

What Is the Bureau of Labor Statistics? What Does It Do? The Bureau of Labor Statistics, or BLS, is a federal agency that collects and disseminates information about labor, wages, productivity, and prices on behalf of the U.S. government. Its parent organization is the U.S. Department of Labor. ...

The Street

What Is the Unemployment Rate? Definition, Measurement & Economic Importance

What Is the Unemployment Rate? The unemployment rate, in simple terms, is the percentage of the workforce that is unemployed. It’s important to note here that the term “workforce” does not simply refer to everyone of legal working age in the U.S.—It includes only those who actively want to work.…

Reason

New Jobs Report Shows Unemployment Back to Pre-Pandemic Levels

The better-than-expected employment numbers are fueling investors' inflation fears and causing the stock market to fall.

USAFacts

How many police officers die in the line of duty?

Officer deaths increased 29% in 2021. Yet the profession is still not among the deadliest.

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news in one place.

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Crikey

Inflation bites: welcome to the new era of big rate hikes and a pending US recession

With the US facing a recession and interest rates rising globally to curb inflation, Australia is facing a tumultuous economic period.

Los Angeles Times

Think rent is rising fast? It’s worse than you think (and inflation might be too)

Across the country, renters looking for new homes are facing dizzying double-digit rent increases. But you wouldn’t know it from the official federal tally of inflation data.

Axios

Welcome to remote work's equilibrium point

The Street

June Jobs Report Show 372,000 New Hires, Defying Recession Fears: Rate Hike Bets Accelerate

The U.S. economy added much more-than-expected new jobs in June, the Labor Department said Friday, cementing the case for Fed rate hikes and challenging threats of a near-term recession.

The Street

May Employment Report Shows Solid 390,000 New Jobs, Easing Wage Pressures

The U.S. economy added modestly more-than-expected new jobs in May, with easing monthly wage pressures, the Labor Department said Friday.

The Street

April Jobs Report Shows Solid 428,000 Gain, Slowing Wage Growth, Stoking 'Soft Landing' Bets

Slowing wage growth, as well as a solid jobs gains, suggest the Fed might be able to deliver the 'soft landing' for the U.S. economy predicted by Jerome Powell earlier this week.

Bangkok Post

BLS sanguine on Vietnamese stocks

Bualuang Securities (BLS) is bullish on the Vietnamese stock market despite a sharp decline of 11.6% in April, citing Vietnam's high economic growth prospects.

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