◀ The Principal Blog

May I Have Your Attention Please: Wage Inflation is Here!

The most significant inflation data for the United States over the last month was not the U.S. Consumer Price Index (CPI) or Personal Consumption Expenditure (PCE) deflator; it was rather the first quarter’s Employment Cost Index (ECI) report from the U.S. Bureau of Labor Statistics (BLS). (The…

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April Jobs Report – A Rebound in Job Growth

The April jobs report came out on Friday, May 8, 2015. The report showed a rebound in hiring momentum, adding 223,000 jobs in April. This follows a disappointing March, which marked the weakest month of payroll employment since July 2012. The April civilian unemployment rate dropped from 5.5% to…

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