◀ The Principal Blog

Posts tagged ‘Federal Reserve’

May Jobs Report – Strong Job Growth

The May jobs report came out on Friday, June 5, 2015. The report showed strong job growth, adding 280,000 jobs in May. The unemployment rate ticked up to 5.5% because the labor force participation rate increased, so the increase in unemployment was for the right reason. Here are my thoughts on the…

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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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