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State Unemployment Rates Post Little Change in April

The US Bureau of Labor Statistics (BLS) today released its data on state and regional unemployment for April. Compared with March data, unemployment rates fell in 40 states and the District of Columbia, while 3 states posted higher unemployment rates and 7 were unchanged. Compared with April 2012, the data is slightly worse. Show More Summary

US CPI Falls at Fastest Rate since 2008, but could it Still be Overstating the Rate of Inflation?

According to data released yesterday by the Bureau of Labor Statistics, the U.S. Consumer Price Index fell in April at an annual rate of -4.35 percent. It was the second consecutive monthly decrease and the fastest rate of decrease since late 2008, when the economy was in free fall. Show More Summary

Inflation Comes In Below Forecast, Thanks Again Mostly to Lower Gasoline Prices

By Doug Short: The Bureau of Labor Statistics released the latest CPI data Wednesday morning. Year-over-year unadjusted Headline CPI came in at 1.06%, which the BLS rounds to 1.1%, down from 1.47% last month (rounded to 1.5%). Year-over-year...Show More Summary

Consumer Prices Decline Again on Lower Energy Costs

Consumer prices declined for the second straight month, according to the Bureau of Labor Statistics. The consumer price index (CPI)Read the Rest...

Why Serial Job Hopping Hurts Your Career (and How To Fix It)

These days, job hopping is practically a way of life. Gone is the idea of spending four decades at one company, ultimately retiring with a gold watch and a pension plan. According to the Bureau of Labor Statistics, the median number of years workers stay at a given job is only 4.6, which allows them to rack up as many as 10 gigs in a lifetime. Show More Summary

Producer Prices Continue to Ease in April

The Bureau of Labor Statistics reported that producer prices for finished goods were down 0.7 percent in April, extending theRead the Rest...

Decrease your budget’s bite by saving money on meat

This post is from staff writer Lisa Aberle. J.D. has already covered ways to save money on food. But this time, I wanted to focus on animal protein. According to a survey by the Bureau of Labor Statistics, meat makes up over 22 percent of our at-home food (not out-to-eat or alcohol) budget. Obviously, you can cut [...]

Investing Decisions Based On A Jobs Report With No Forward Vision

By Steven Hansen: The love affair between Wall Street and the Bureau of Labor Statistics' (BLS) employment situation report - aka the Jobs Report - continues to amaze me. It is nearly a worthless data set in real time if your intent is to have some vision of market and economic direction. Show More Summary

NTEU wins election to represent Consumer Financial Protection Bureau employees

Employees of the Consumer Financial Protection Bureau this week elected the National Treasury Employees Union to become the first labor group to represent them, the union announced Friday. The Federal Labor Relations Authority, which oversees such elections, has confirmed the … Continue reading ?

BLS Revisions To The Nonfarm Payroll Jobs Report: Don't Take The Original Too Seriously

By Doug Short: Earlier I posted an updated commentary on some Stunning Demographic Trends in Employment. In a footnote I commented on the unreliability of the Bureau of Labor Statistics' employment data for Nonfarm Payroll Employment, which included a link to historic revisions back to 1979 on the BLS website. Show More Summary

Obama, Perry And The True Source Of The Texas Jobs Miracle

Here’s a fact: Texas has been a monster job creator over the past ten years, a non-stop, high-rev employment machine. Look at these charts from the Bureau of Labor Statistics, which show steady employment growth despite massive increases in the state’s labor pool and a spike in unemployment in 2009. Show More Summary

Corporate Labor Hoarding Could Explain Falling Jobless Claims

Just recently the April employment report was released by the Bureau of Labor Statistics (BLS) which showed a surprise jump in employment for the month of April of 165,000 jobs. The general consensus for the report was 153,000 jobs so the "better than expected" news was credited to the surge in the financial markets. Show More Summary

Guest Post: The "Labor Hoarding" Effect

Submitted by Lance Roberts of Street Talk Live blog, Just recently the April employment report was released by the Bureau of Labor Statistics (BLS) which showed a surprise jump in employment for the month of April of 165,000 jobs. The...Show More Summary

Pharmacist Salaries Hit $117K and Keep Climbing

The Bureau of Labor Statistics (BLS) just released the 2012 Occupational Employment and Wages data. Once again, pharmacist salaries grew faster than did overall wages. The highlights: In 2012, average gross salary for pharmacists atShow More Summary

The Slow Recovery’s Impact on Families

It’s not a surprise that the slow economic recovery has been particularly hard on families. New data released last month by the Bureau of Labor Statistics show that 8.4 million families had at least one unemployed member, making theShow More Summary

“It’s simply not true that all high-paying jobs require a college degree.”

Back in December I posted about data from the Bureau of Labor Statistics which showed that only one of the fastest-growing professions in America required a college degree. Today Forbes contributor Pascal-Emmanuel Gobry notes the same number, and suggests that the path to prosperity doesn’t have to lay through a college campus. And that jobs [...]Show More Summary

13 Workers Died On The Job Each Day In 2011

A new AFL-CIO analysis of data from the Bureau of Labor Statistics reports that 4,693 workers were killed on the job in 2011, an average of 13 workers every day. That’s more than the number of pedestrians struck and killed by cars every year and more than the lives lost during the entire Iraq War. [...]

Work Will Kill How Many Americans Today?

last weekNews : Truthdig

Roughly 150 Americans die on a daily basis as a result of their jobs, a new study from the AFL-CIO has discovered. In addition to the 50,000 workers that the Bureau of Labor Statistics estimates die a year from work-related disease, the union found that about 4,700 workers were killed on the job in 2011. Show More Summary

Surprise: Young Americans Don’t Want More Government

Since I graduated from college in 2009, the economy has remained stagnant and the job market has remained weak, with no sign of improvement. Just last week, the Bureau of Labor and Statistics reported that the unemployment rate hit 7.5 percent. Show More Summary

Manufacturers Pull Back on Hiring and Job Openings in March

The Bureau of Labor Statistics said that manufacturing job openings declined from 274,000 in February to 260,000 in March, accordingRead the Rest...

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