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The Latest Breaking News from Bureau of Labor Statistics

Move on from COVID? Child care disruptions continue

For working parents of young children, it seems the rest of the world has moved on from the pandemic

The Independent UK

In Your Debt: 4 ways to limit your holiday debt

The holiday season is full of sneaky costs, expensive travel and the pressure to spend

The Independent UK

Many vets are landing jobs, but the transition can be tough

The U.S. is celebrating Veterans Day at a time when the nation is experiencing some of its lowest monthly veteran unemployment rates on record

The Independent UK

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Slowing US inflation rate raises hopes cost of living crisis may have peaked

Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October

The Guardian - UK

October Inflation Number Is Incoming Thursday: How The Market Could React

With decades-high inflation becoming the new normal for 2022, investors are watching what the Fed's preferred inflation measure will show when October data is reported later this week. On Thursday, The Bureau of Labor Statistics will release the Consumer Price Index report for the month of October.

Benzinga

US economy adds 261,000 jobs in October, unemployment rises to 3.7 per cent

Labor force participation remains below pre-Covid-19 levels

The Independent UK

Mary McNamara: Worker productivity has fallen, and experts are puzzled. I'm not. We're all just tired

"U.S. workers have gotten way less productive. No one is sure why."

Los Angeles Times

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How do American men and women use time differently?

In 2021, women were still responsible for the majority of childcare and housework across all racial groups and most age groups.

USAFacts

The cost of candy is up a scary 13% just in time for Halloween

Dressing up for trick or treat will also cost you. While the Bureau of Labor Statistics doesn't track the price of costumes, the prices of clothing and homemade sewing supplies have risen too.

WEKU

Hot Inflation Numbers Could Crater Stocks 5% — And Larry Summers Says Prices Aren't Dropping Any Time Soon

The Consumer Price Index (CPI) data for September will be reported on Oct. 13 by the U.S. The Bureau of Labor Statistics. Analysts at JPMorgan Chase & Co and former U.S. Secretary of the Treasury Larry Summers weighed in on what is happening and what could happen.

Benzinga

Americans Are Losing Their Work Ethic

Even reduced immigration and job openings for miles aren't luring America's ever-growing workforce dropouts back in.

Reason

Why Apple can hold the line on iPhone prices, as smartphones defy soaring inflation and keep getting relatively cheaper

Inflation in the U.S. is surging to near a 40-year high, with prices on food, fuel and pretty much everything seeming to rise more every month.

The Conversation

Two U.S. inflation rates: Bad and worse

It’s worse than 8.3% in parts of key Senate battleground states.

Axios

Inflation eases for second month in a row but remains high at 8.3%

‘Overall, prices have been essentially flat in our country these last two months,’ Joe Biden says

The Independent UK

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Tribune News Service

Commentary: Women shouldn’t do any more housework this year

Women spend 47 minutes more on housework on average than men each day, according to the Bureau of Labor Statistics. That adds up to roughly 5 ½ hours each week, and that’s not including child care, grocery shopping or errands, which the BLS classifies in other categories and of which…

The Guardian - US

Research says that your 40s are your unhappiest age. It’s worse for millennials

I was already glum about soon turning 40. Then I learned that happiness is U-shaped – it bottoms out in your 40s, then starts to inch its way up again in your 50s

USAFacts

What’s in the recently passed CHIPS Act?

The CHIPS Act contains more than $50 billion to support the domestic semiconductor industry.

The Independent UK

Joe Biden’s approval rating ticks up to its highest level since June in new poll

Comes as Biden signs a series of legislation.

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Axios

America's inflation problem gets worse

Price increases show no signs of slowing.

Axios

The recovery in government jobs is lagging — by a lot

Governments can’t raise pay as easily as private employers can, and many don’t offer hybrid working options.

Tribune News Service

Activists say Amazon misled shareholders about warehouse working conditions

When the investment firm BlackRock voted against an independent audit of the working conditions at Amazon's warehouses, it was relying on false and misleading information from the company, one activist group is arguing in a new complaint with the Securities and Exchange Commission.

Los Angeles Times

Should we raise unemployment to fight inflation? No, we need to protect jobs no matter what

If economic history teaches us anything, it's that when times get tough, working men and women get targets painted on their back.

Tribune News Service

How automakers, suppliers are getting creative to woo workers amid labor crunch

FORT WAYNE, Indiana — Ethan Pearl had been searching for a job for almost a year when he walked into General Motors Co.'s on-site hiring event at the truck plant here on a rainy May afternoon.

WEKU

A shortage of health aides is forcing out those who wish to get care at home

Home health care workers are among the lowest paid, shifting the burden of long-term care to aging and overstressed family members or assisted living centers, which are often understaffed themselves.

Benzinga

The Cannabis Business Is Booming – But For Entrepreneurs, Success Requires Diligence

By Matthew VanDerbeck, Partner at UHY According to the Bureau of Labor Statistics, around 70 percent of small businesses fail in the first 10 years. When that small business is in the cannabis sector, the chances of failure are even higher.

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