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The Latest Breaking News from the Bureau of Labor Statistics

‘We deserve more’: US workers’ share of the pie dwindles

Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline

The Guardian - US

Why experts say inflation is relatively low but voters feel differently

Grocery prices are a key component of any household budget, and rising food prices can sour the electorate's mood.

WEKU

U.S. Labor Market Shows Strong Growth In February

The latest Jobs Report reveals strong job market performance with rising wages and productivity growth, emphasizing the importance of quality jobs and comp...

Top News

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Fact-checking Biden’s State of the Union - Roll Call

Biden’s speech included misleading claims on inflation, crime, clean energy investments, wages, FactCheck.org reports.

Roll Call

Expert: Immigrants help bolster economy

An uptick in immigration presents an opportunity to help the American economy, one economist writes

Salon

What are the average salaries for four-year college graduates?

People with bachelor's degrees earned an average of $100,000 in 2022 — more than people without a degree, but less than those with advanced degrees.

USAFacts

Stocks Rally After December U.S. Jobs Report Released

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.25%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.07%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.25%. This morning the Bureau of Labor Statistics...

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Markets Today: Stocks Rally After December U.S. Jobs Report Released

Barchart

Jobs report surpasses expectations with 216,000 new jobs added in December

Inflation easing has not tempered a hot labour market as President Joe Biden prepares to make the economy a central point of his re-election campaign

The Independent UK

Fastest growing job in the U.S. pays $103K a year without a college degree

Wind turbine service technicians: America’s fastest-growing occupation boasts remote working, pays up to $103,000 a year and doesn’t require a college degree.

Fortune

Job Openings Shrank In October To Lowest Level In 2 1/2 Years

Job openings declined in October, to 8.7 million from 9.35 million in September, the Bureau of Labor Statistics (BLS) reported Tuesday.

International Business Times

Gen Xers Ask: ‘Can I Afford to Retire?’

A feature on how Gen Xers are struggling with retirement planning.

Kiplinger

How does beer production impact the American economy?

Despite pandemic challenges, US breweries — 98% of which have fewer than 100 employees — contribute more in tax revenue than wineries and employ tens of thousands of people.

USAFacts

US labor movement faces big obstacles despite surge in strikes and union wins

Recent union contract gains against a backdrop of decades of union decline, worsening wealth inequality and broken labor laws

The Guardian - US

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The Independent UK

Rising tensions between employers and employees has put the labor back in this year's Labor Day

Labor Day is right around the corner

USAFacts

How much do actors and writers make?

Median hourly wages for actors fell by 56% over the last decade.

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.

Texas Observer

Texas Workers, Congressman Launch ‘Thirst Strike’ for Heat Protections

“My brother would still be here if he just had a water break,” said Jasmine Granillo, who’s joining the call for OSHA to save workers from the Texas Legislature.

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Miami Herald

DeSantis has hammered Biden on rising prices. Now Florida is an inflation hotspot.

As he relentlessly accuses President Joe Biden and national Democrats of fueling rising costs and fiscal mismanagement, Florida Gov. Ron DeSantis is facing stubbornly high inflation in his own backyard.

Zenger

US Inflation Slows More Than Expected, Raising Speculation On Fed’s Rate Hike Path

Consumer price index drops to 3% in June, marking twelfth consecutive month of declining inflation

The Independent UK

White House cheers ‘Bidenomics’ as inflation rises by only 0.2%

‘Good jobs and lower costs: That’s Bidenomics in action,’ Biden says upon news of inflation only slightly increasing

Zenger

Jobless Claims Climb, Part-time Employment Surges In US

US Unemployment Claims Rise to 248,000, Part-time Workers Increase to 5.4 Million in June.

StockNews.com

1 Entertainment Stock to Buy, 2 to Watch This Week

The entertainment industry is poised for significant expansion, propelled by its recovery from the pandemic and a strong labor market. However, the Fed has indicated further rate hikes could be in the offing, which could affect the discretionary spending on entertainment. Considering these factors, buying fundamentally strong entertainment stock Endeavor…

The Conversation

Why the Federal Reserve's epic fight against inflation might be over

The Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their aggressive campaign to tame runaway inflation.

Los Angeles Times

Michael Hiltzik: Wage growth doesn't drive inflation. So why is the Fed out to crush workers?

Federal Reserve Chairman Jerome Powell and his colleagues have made major mistakes in their battle with inflation.

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