· the next batch of inflation data from the bureau of labor statistics was already shaping up to be a high-profile affair due to the expected impact of president donald trump’s … · turns out the nation’s jobs engine wasn’t quite as invincible as it appeared. Bureau of labor statistics on wednesday revised down its estimate of total employment in march 2024 by. · speaking in washington, d. c. , on wednesday, fed chair jerome powell celebrated the steady decline of inflation over recent months and welcomed the robust hiring happening alongside it. On a quarterly basis, by the summer of 2022, prices had increased about 7% from the year before. · the economy added 818,000 fewer jobs between march 2023 and march 2024 than previously reported, according to preliminary bureau of labor statistics data. · inflation began to surge in 2021, shortly after biden came to office. · prior data far overestimated the recent labor market recovery, the government said wednesday, a potentially worrisome sign as slowing job growth shakes confidence in the economy, though some. · the united states added 177,000 jobs in april, more than analysts had expected, in the face of broader economic uncertainty sparked by president donald trumps tariffs. · shockingly bad jobs report reveals a monthslong stall and may trigger fed rate cuts soon. ‘powell is going to regret holding rates steady’ · the labor market showed signs of weakening, with 73,000 jobs added in july and gains for the previous two months revised significantly lower.
The Jobs Report Just Got A Major Overhaul: Inflation Is Next
· the next batch of inflation data from the bureau of labor statistics was already shaping up to be a high-profile affair due to the...