Job Openings and Labor Turnover Summary
Social Security checks getting big boost as inflation rises
WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022 .
Beef prices continue to increase, overall consumer prices increase lower than expected
The cost of food and eating out along with overall consumer prices rose in August and be up year over year but the increase was smaller than expected.
Automobiles restrain U.S. consumer spending, monthly inflation slowing
U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages offset a rise in outlays on services, supporting views that economic growth will moderate in the third quarter amid a resurgence in COVID-19 infections.
Opinion | 179 Reasons You Probably Don’t Need to Panic About Inflation
These charts break down the data behind the headline numbers.
Salary Inflation Calculator
Is your salary keeping up with inflation? This is an online salary inflation calculator that gives you an answer. You can use our wage inflation calculator to determine if your wage is keeping pace with inflation. How does the salary inflation calculator work? Let’s see how this calculator works with an example. Let’s say the …
How GDP Tells Us if We're in a Recession | WSJ
The U.S. economy contracted 4.8% in the first quarter of 2020. With the coronavirus crisis continuing into the summer, economists are expecting an even steep...
U.S. Inflation Is Normalizing
The temporary acceleration in price increases is already fading. But keep an eye on a few consumer services dependent on low-wage workers.
US consumer prices rose in July but at slower pace
WASHINGTON (AP) — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.
Mapped: GDP per Capita Worldwide
GDP per capita is one of the best measures of a country's standard of living. This map showcases the GDP per capita in every country globally.
US Economy Surges to Pre-Pandemic Levels, but Comes in Lower Than Forecasts
The 6.5% annual growth rate last quarter fell below forecasts, showing there are still some mustard stains on the economy’s T-shirt
With the US Fully Open for Business, Inflation Hits Highest Rate in 13 Years
Another month, another inflation shocker
Mapped: Global Happiness Levels in 2021
Global happiness levels are determined by many diverse factors. These maps look at the happiest and unhappiest countries in every region.
Genuine Progress Indicator - Gross National Happiness USA
Genuine Progress Indicator takes into account the well-being of a nation by incorporating environmental and social factors which are not measured by GDP.
Human Development Index (HDI) | Human Development Reports
U.S. job growth surges most in 10 months, jumping past forecast
U.S. job growth accelerated in June, with payrolls gaining the most in 10 months, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity.Nonfarm payrolls increased by 850,000 last month and the unemployment rate edged up to 5.9 percent,…
Fed’s Favorite Inflation Gauge Remains High, but Gains Slowed in May
A key index picked up 3.9 percent over last year, a pace not seen in more than a decade, though the monthly price gain was lower than expected.
Inflation ahead? Even a top economist says it's complicated
WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
Key inflation indicator posts biggest year-over-year gain in nearly three decades
A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s.
Half of the pandemic's unemployment money may have been stolen
Much of the money has probably left the country.
Why Interest Rates Have to Stay Low For a Very Long Time
Inflation is finally here, at its highest level since the aftermath of the 2008 crisis:We don't know if it's going to last but wages are finally rising, there is a shortage of seemingly everyt
The Most Important Thing to Know About Inflation Right Now
It's not what the pundits think. It's what the money guys are doing.
Minding the Output Gap: What Is Potential GDP and Why Does It Matter? | Education | St. Louis Fed
This issue explains how the output gap, the difference between potential and actual output, is useful for checking the health of the economy.
Mapped: The 25 Richest Countries in the World
Which countries have the highest GDP per capita? This map breaks down the top 25 richest countries in the world.
The U.S. Economy Is Sending Confusing Signals. What’s Going On?
The ebbing of the pandemic has brought price increases, supply bottlenecks and labor shortages. Key indicators will show whether it’s just a stage.
The U.S. added 559,000 jobs in May, adding to hope about the pandemic recovery.
Many employers report having trouble finding applicants. Economists say the labor market may simply need time to get sorted out.
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
It's not just the loss of current income during the COVID crisis that will hurt millions of women financially, but also reduced future earnings and retirement benefits that will likely follow. As one economist put it, women may "eat the cost of the pandemic for the rest of their working lives."
Median PCE Inflation
The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.
What is the PCE price index? - Marketplace
The personal consumer expenditures price index is one of the Fed's favorite tools for tracking inflation.
FRED Economic Data
Consumer Price Index for All Urban Consumers: Airline Fares in U.S. City Average