June 22, 2017
In May 2017, unemployment rates in seven states were at their lowest levels since the state unemployment data series began in January 1976. Colorado had the lowest unemployment rate in May, 2.3 percent, followed by North Dakota, 2.5 percent, both of which were the lowest rates ever recorded in those states. The rates in Arkansas (3.4 percent), California (4.7 percent), Mississippi (4.9 percent), Oregon (3.6 percent), and Washington (4.5 percent) were also at series lows.read full article »
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June 21, 2017
From May 2016 to May 2017, nonfarm payroll employment increases occurred in 28 states. The largest percentage gain, an increase of 3.3 percent, occurred in Utah (where employment increased 46,600). The largest job gain, in terms of number of jobs, was 266,600 in Texas (an increase of 2.2 percent).
June 20, 2017
Import prices fell 12.9 percent from a recent peak in June 2014 to May 2017. Import prices from every locality of origin for which BLS publishes decreased during this period. From June 2014 to May 2017, prices for imports originating from Canada fell 21.0 percent, and prices for imports from Mexico declined 10.9 percent.
June 19, 2017
Average hourly earnings for all employees increased 2.5 percent, and average weekly earnings were up 2.5 percent over the year ended May 2017. The Consumer Price Index for All Urban Consumers, which is used to adjust earnings estimates for inflation, increased 1.9 percent over the year. After adjusting for inflation, real average hourly earnings increased 0.6 percent from May 2016 to May 2017.
June 16, 2017
From May 2016 to May 2017, the Consumer Price Index for All Urban Consumers (CPI-U) rose 1.9 percent, a smaller increase than the 2.2-percent rise for the 12 months ending April 2017. Over the past decade, the average 12-month increase in the all items index was 1.6 percent.
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