Bureau of labor statistics

The Bureau of Labor Statistics' monthly survey doesn't track jobs added or subtracted due to AI – at least not yet.

The survey of employers was created to help answer puzzling questions about labor.

The data suggest the job market could be returning to more normal times after an exceptional period of hiring new employees.

Rising productivity makes possible rising living standards over time.

To make the CPI’s health care component more accurate, the Bureau of Labor Statistics changed how it uses health insurance data.

Average hourly earnings rose 4.1% year-over-year in October; the rate peaked near 6% in March 2022. The slowdown in wage growth is helping the Fed wrestle inflation lower.

The U.S. job market as a whole continues to hum along.

The threat comes just when the Federal Reserve really needs a clear picture of how the economy is doing.

Last month, the CPI pegged area inflation at 6% year-over-year, a whole percentage point higher than the national average.

The cost of shelter is driving more than 70% of inflation right now, according to the Bureau of Labor Statistics. So what gives?