The most worrying statistic in the latest monthly employment report is that the U.S. labor force declined during the month of May. On net, 53,000 Americans dropped out of the labor force, and the ...
In recent weeks, Treasury Secretary Janet Yellen and Sen. Tim Scott offered seemingly contradictory claims when discussing the impact of inflation on the typical American’s wages and income. During ...
Despite widespread anticipation that the president’s universal 10% tariff on imports would soon trickle down into consumer prices, inflation continued to decelerate in May, with Consumer Price Index ...
August Real Earnings: According to the U.S. Bureau of Labor Statistics, real average hourly earnings -0.1% M/M, +0.7% Y/Y on a seasonally adjusted basis. Real average weekly earnings -0.1% M/M.
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