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Feb

03

Payroll employment rises by 517,000 in January; unemployment rate changes little at 3.4%

Total nonfarm payroll employment rose by 517,000 in January, and the unemployment rate changed little at 3.4 percent. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care.

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02/02/2023 Productivity increases 3.0% in Q4 2022; unit labor costs increase 1.1% (annual rates)

02/01/2023 Number of job openings increase in December; hires and total separations change little

02/01/2023 December jobless rates down over the year in 244 of 389 metro areas; payroll jobs up in 81

01/31/2023 Compensation costs up 1.0% Sep 2022 to Dec 2022 and up 5.1% over the year ending Dec 2022

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BEYOND THE NUMBERS

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"Shrinkflation" and its impact on inflation

This article examines how increases and decreases in product size affect measurements in the Consumer Price Index. read more

BEYOND THE NUMBERS

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Comparing retirement plans in private industry and government

This article compares access, participation, and plan characteristics in private industry and state and local government. read more

MONTHLY LABOR REVIEW

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A look at the methods of the Linked Employment Cost Index

This article describes the linking methods, presents estimates, and compares them with currently published estimates. read more

SPOTLIGHT ON STATISTICS

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Inflation Experiences for Lower and Higher Income Households

This Spotlight examines how spending patterns affect inflation measures for households with the lowest and highest incomes. read more

SPOTLIGHT ON STATISTICS

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How the COVID-19 Pandemic Changed Urban and Rural Spending Habits

This Spotlight explores how the COVID-19 pandemic influenced the spending behaviors of urban and rural consumers. read more

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Latest Numbers

Consumer Price Index (CPI):
-0.1% in Dec 2022

Unemployment Rate:
3.4% in Jan 2023

Payroll Employment:
+517,000(p) in Jan 2023

Average Hourly Earnings:
+$0.10(p) in Jan 2023

Producer Price Index - Final Demand:
-0.5%(p) in Dec 2022

Employment Cost Index (ECI):
+1.0% in 4th Qtr of 2022

Productivity:
+3.0% in 4th Qtr of 2022

U.S. Import Price Index:
+0.4% in Dec 2022

U.S. Export Price Index:
-2.6% in Dec 2022