This is not a surprise data-point for readers here. However, it is good to see honest statements from corporate executives on what to expect with food inflation…
August Producer Price Inflation Shows Highest Increase 8.3% Since Tracking Began, Previous Record Was Last Month…
The Bureau of Labor and Statistics (BLS) released the August review [DATA HERE] of producer prices for last month. August rose 0.7% with cumulative results now showing an 8.3% increase in prices; the largest year-over-year jump in prices for final demand products in the history of tracking. The prior record was July with 7.8%…
Big Miss, August Labor Report Shows Gains of Only 235,000 Jobs, Missing Expectations by More Than 500,000…
The Bureau of Labor Statistics has released the August jobs report [Data Link Here] showing only 235,000 jobs created in August. Economists and financial analysts were predicting 750,000+…
Huge Discrepancies Cast Doubt on the Better Than Expected Jobs Report…
The BLS says the unemployment rate fell from 10.2% to 8.4%. Other BLS data casts doubt on the number…
July Jobs Report – 1.8 Million Jobs Recovered…
The Bureau of Labor Statistics released the July jobs report earlier this morning. Overall during this phase of the economic recovery the U.S. added 1.8 million jobs in July, with strong recovery in: Leisure and Hospitality (+592k), Retail Trade (+258k) and professional and business services (+170k). Strong steady gains continue in manufacturing, construction and transportation […]
JUMPIN’ JU-JU BONES, IT’S RAINING WINNAMINS!…
Jumpin’ ju-ju bones, it’s raining winnamins ! ~ Analysts and economists were predicting May jobs report would show losses of around 7 to 8 million jobs in May. That’s what everyone suspected, and why they were stunned this morning to find out the U.S. economy actually added, yes ADDED, 2.5 million jobs. The Bureau of […]
Foreign Workers See 4X the Job Growth of Americans in January…
For the month of January, foreign-born workers increased their labor participation rate year-to-year nearly nine times as much as native-born Americans. Likewise, foreign workers enjoyed nearly four times the job growth in January as American workers. While the foreign worker population increased about 3.4 percent year-to-year, the American worker population increased less than 0.9 percent […]
Union Membership Hits Historic Low as Wage Gap Looms…
Membership in labor unions fell to just 10.5 percent last year to arrive at a figure that is the lowest since 1983, when the Bureau of Labor Statistics (BLS) started tracking it for the first time. The latest BLS data shows that union membership in 2018 was down 0.2 percent from the previous year, with […]
The Bureau of Labor and Statistics, BLS, Caught Fabricating Wage Data…
While it’s not the first time we have observed the BLS manipulate data (the last time was in “This Is What Happens When The Bureau Of Labor Statistics Is Caught In A Lie”), never before had we actually caught the Bureau Of Labor Statistics openly fabricating data. Until now. As reported earlier today, in one […]
Where The Jobs Were: Manufacturing, Construction Workers Soar…
There has been a distinct shift in the composition of job gains in the first full job report under Donald Trump: whereas in the recent past, jobs under Obama were mainly focused in low-paying, minimum-wage categories, such as retail, hospitality, education and, of course, food service and drinking places, in February there was a notable […]