The Latest Breaking News from Bureau of Labor Statistics

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

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…

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

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. 

Comes as Biden and McCarthy begin debt ceiling negotiations

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

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.

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.

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.