CPI-U Index unchanged, with 2.2% Annual inflation.

Posted - Filed under Consumer Price Index, Data News.

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in
November on a seasonally adjusted basis after rising 0.3 percent in October, the
U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all
items index increased 2.2 percent before seasonal adjustment.The gasoline index declined 4.2 percent in November, offsetting increases in an
array of indexes including shelter and used cars and trucks. Other major energy
component indexes were mixed, with the index for fuel oil falling but the
indexes for electricity and natural gas rising. The food index rose in November,
with the indexes for food at home and food away from home both increasing.

Read More

Job Openings at 4.5% (up 0.1% ), Hiring at 3.9% (up 0.1%).

Posted - Filed under Data News, JOLTS.

The number of job openings was little changed at 7.1 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires edged up to 5.9 million, and separations were little changed at 5.6 million. Within separations, the quits rate was little changed at 2.3 percent and the layoffs and discharges rate was unchanged at 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Read More

CPI-U Index up 0.3% in October, with 2.5% Annual inflation.

Posted - Filed under Consumer Price Index, Data News.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent
in October on a seasonally adjusted basis after rising 0.1 percent in September,
the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the
all items index rose 2.5 percent before seasonal adjustment.

An increase in the gasoline index was responsible for over one-third of the
seasonally adjusted increase in the all items index; advances in the indexes for
shelter, used cars and trucks, and electricity also contributed. The increases
in the gasoline and electricity indexes led to a 2.4-percent rise in the energy
index. The food index, in contrast, declined slightly in October.

Read More