New White House wage data show slowing pressure on 'supercore' inflation
The narrowed gauge tracks only wages linked to services excluding housing, food and energy
Source: livemint.com
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Fed debates whether wages or employment rate will drive inflation
Easing price, wage data are at odds with concerns that the job market is too tight and the economy is operating above capacity
Source: livemint.com
Four Months in a Row: Louisiana Hits Another Record Low Unemployment Rate at 3.4 percent
The Times of Houma Thibodaux
Source: houmatimes.com
FOXNEWS Americas Newsroom With Bill Hemmer Dana Perino June 4, 2024 14:33:00
Fears of recession, not clear if the fed can steer us through this. to both of you, steve, you start. how do you see it? where are we going? >> this was a good jobs report again but the problem is when you look at the wage data and you guys were reporting on this earlier this morning, you have 8 1/2% inflation right now out there, bill, but you have 5 1/2% wage gain. do the math. it means over the last year, workers are not getting better off, they're worse off and lost 3% of their income on average. look what has happened in the stock market in the last couple of days. the dow was down anothe...
Source: archive.org
Louisiana January unemployment lowest since June 2019
The 4.3% figure dropped 0.1 percentage points from the December 2021 rate of 4.4% and dropped 2.2 percentage points from the January 2021 rate of 6.5%.
Source: thenewsstar.com