wages

U.S. November jobs report: This is what a soft landing looks like

Dec. 8, 2023 by Joseph Brusuelas

Through November this year, the American economy has produced 2.58 million jobs as inflation has eased from 6.4% to 3.2% all while the unemployment rate has remained below 4%. … READ MORE >

Fed’s gauges on wages and inflation seal the deal on another rate hike

Apr. 28, 2023 by Tuan Nguyen

The Federal Reserve’s key labor costs metric for the first quarter came in hotter than expected, helping to seal the deal on another rate hike in May, while raising the probability of another one in June. … READ MORE >

Food manufacturing job numbers could signal slowing food inflation

Oct. 10, 2022 by Peter Cadigan

Last Friday’s jobs report brought good news for the food manufacturing industry and a potential signal that surging food costs may begin to temper. … READ MORE >

Consumers spent more in March despite rising inflation

Apr. 29, 2022 by Tuan Nguyen

American consumers defied rising inflation and market uncertainties in March, continuing to spend more on goods and services as their wages increased and they saved less. … READ MORE >

Government services companies enthusiastic about infrastructure and 5G

Apr. 5, 2022 by Stephanie Smith

Government services companies are enthusiastic about opportunities related to infrastructure and 5G, while labor remains a pressing issue. … READ MORE >

U.S. January consumer price index: Inflation continues to surge

Feb. 10, 2022 by Joseph Brusuelas

The top-line increase of 0.6% in January and 7.5% on a year-ago basis will intensify market speculation about a 50 basis-point hike at the March meeting. … READ MORE >

Acceleration of wage increases raises caution flag for policymakers

Feb. 1, 2022 by Joseph Brusuelas

The wage component of the index has now accelerated from a 2.5% rate of increase in the third quarter of 2020 to 4.2% a year later and, most recently, to 4.5% in the fourth quarter last year on an annualized basis. … READ MORE >