June 2024 Labor Market Report

June 2024 Labor Market Report

An economic update On Friday, the latest employment report for June 2024 was released, and it offers some interesting insights into the current labor market. Total nonfarm payroll employment increased by 206,000, showing steady growth, particularly in sectors such as...
Inflation Eases: May 2024 CPI Report Highlights

Inflation Eases: May 2024 CPI Report Highlights

The latest Consumer Price Index (CPI) report revealed a significant shift in the inflation landscape. For May, the CPI remained flat compared to the previous month, marking a 3.3% increase from a year ago. This slight loosening of inflationary pressures brings some...
US Economy Adds More Jobs in May Than Expected

US Economy Adds More Jobs in May Than Expected

The latest data from the Bureau of Labor Statistics reveals that the US economy added 272,000 nonfarm payroll jobs in May, significantly surpassing the expected 180,000. Despite this positive job growth, the unemployment rate edged up slightly to 4% from 3.9% in...