Bureau-of-Labor-Statistics

All Eyes On Final Jobs Report For 2024: What To Expect In 2025

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All Eyes On Final Jobs Report For 2024: What To Expect In 2025

The Bureau of Labor Statistics (BLS) is set to release the final jobs report for 2024 on Friday, with experts predicting more uncertainty in 2025. The U.S. labor market slowed in 2024, with job growth returning to pre-pandemic levels. Though the economy added about 180,000 jobs per month through November, unemployment rate rose slightly, remaining … Read more

U.S. inflation up 0.3% in January, Fed still expected to cut interest rates this year

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U.S. inflation up 0.3% in January, Fed still expected to cut interest rates this year

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won’t change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024. The consumer price index (CPI) increased 0.3 per cent last month after gaining 0.2 per cent in December, … Read more