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The Latest Breaking News from Bureau of Labor Statistics

All Eyes On Final Jobs Report For 2024: What To Expect In 2025

The slowdown in labor market is due to the post-pandemic recovery, job growth in a few industries, high interest rates, tech advances, and uncertainty about the economy, global events, President-elect Donald Trump's potential policies.

International Business Times

Fact-checking Day 4 of the Republican National Convention - Roll Call

Trump's convention acceptance speech was a greatest hits of false and misleading claims about crime, immigration, the economy and more.

Roll Call

Why are groceries so expensive? A look at post-pandemic food price inflation

If your grocery bill has gone up, you’re not alone. Since the March 2020 lockdown due to COVID-19, cereal and meat have led a grocery-store-wide surge in food prices.

The Street

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Is there a labor shortage in the US?

In December 2023, there were 2.76 million more open jobs than unemployed people.

USAFacts

What are the fastest-growing professions in America?

Wind turbine service technician is the fastest-growing occupation in the country; the Bureau of Labor Statistics projects open roles for the job could grow 60% by 2033.

USAFacts

Immigrant workforce reaches record high in the U.S.

With labor still in short supply, foreign-born workers are crucial for the economy.

Axios

Commentary: Thwarting the push to make inflation permanent

Just weeks after the Biden administration declared victory over inflation, prices are rising again. January’s inflation rate was much higher than anticipated, while the Bureau of Labor Statistics quietly doubled fourth-quarter inflation estimates. Of course, regular Americans don’t need government revisions to know that prices keep rising, especially for necessities…

Tribune News Service

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Worker strikes increased nearly 50% last year

These aren't the blue-collar factory strikes of yore.

Axios

The Darker Truths About the State of Unionizing in the Country — and What Can Be Done to Change Things

Organizing franchises is swell, but the attacks on unionization drives must stop.

Capital & Main

Faye Flam: Another sign of inequality: minutes spent waiting

We’ve waited far too long for a scientific study of waiting. From queues to telephone holds to waiting rooms, delays are all around us and they’re miserable. And according to new research just published in Nature Human Behavior, lower income people and Black people of all income levels get stuck…

Tribune News Service

High-paying jobs that don't need a college degree? Thousands of them sit empty

Trade jobs that require less education, at much lower cost, sit empty. But many parents remain wary of programs that don't lead to a four-year degree.

WEKU

What January's CPI may reveal about inflation

There are some warning signs the pathway toward low inflation may be bumpier than advertised.

Axios

Michigan Democrats seek to repeal law prohibiting public employees from being required to pay union fees

Fifty-one Democratic members of the Michigan House of Representatives and all 20 Democratic senators are sponsoring companion bills that would repeal a section of law prohibiting public employees from being required to pay union fees.

Ballotpedia

US adds 517,000 jobs in January as Federal Reserve raises interest rates

Comes as Biden and McCarthy begin debt ceiling negotiations

The Independent UK

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Reason

Trump and His Lawyer Fined Nearly $1 Million Over 'Frivolous' Suit Against Clinton, Comey, and Democrats

Plus: Criminalizing light projections onto buildings, immaculate disinflation?, and more...

Tribune News Service

Why are eggs still so expensive?

Egg prices jumped 49% in 2022 through November, according to data from the Bureau of Labor Statistics, and costs are expected to remain high through the first quarter of 2023, CNN and CNBC report.

The Conversation

Diversity of US workplaces is growing in terms of race, ethnicity and age – forcing more employers to be flexible

Increased immigration, longer life expectancy and a decline in birth rates are transforming the U.S. workforce in two important ways. The people powering this nation’s economy include far more people of color and workers over 55 than was the case four decades ago.

Chicago Tribune

As tech companies make cuts, will other industries follow? Here’s what to know about jobs in 2023

Mary Hainds had been working in sales at a small construction technology startup for about six months before she was laid off in October. In the weeks that followed, she interviewed for other tech sales jobs in earnest and received job offers.

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The Independent UK

Move on from COVID? Child care disruptions continue

For working parents of young children, it seems the rest of the world has moved on from the pandemic

The Independent UK

In Your Debt: 4 ways to limit your holiday debt

The holiday season is full of sneaky costs, expensive travel and the pressure to spend

The Independent UK

Many vets are landing jobs, but the transition can be tough

The U.S. is celebrating Veterans Day at a time when the nation is experiencing some of its lowest monthly veteran unemployment rates on record

The Guardian - UK

Slowing US inflation rate raises hopes cost of living crisis may have peaked

Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October

Benzinga

October Inflation Number Is Incoming Thursday: How The Market Could React

With decades-high inflation becoming the new normal for 2022, investors are watching what the Fed's preferred inflation measure will show when October data is reported later this week. On Thursday, The Bureau of Labor Statistics will release the Consumer Price Index report for the month of October.

The Independent UK

US economy adds 261,000 jobs in October, unemployment rises to 3.7 per cent

Labor force participation remains below pre-Covid-19 levels

Los Angeles Times

Mary McNamara: Worker productivity has fallen, and experts are puzzled. I'm not. We're all just tired

"U.S. workers have gotten way less productive. No one is sure why."

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People

Donald M Middlebrooks

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Organisations