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The Consumer Price Index for All Urban Consumers (CPI-U) increased 2.3 percent for the 12 months ending April 2025, after rising 2.4 percent over the same period in March. The April change was the smallest 12-month increase in the all items index since February 2021.
read full article »Of the 352,000 people 20 to 29 years old who completed an associate degree between January and October 2024, 78.1 percent were employed in October 2024. Among these recent graduates, 79.8 percent of men and 76.8 percent of women were employed.
From the first quarter of 2024 to the first quarter of 2025, nonfarm business labor productivity increased 1.4 percent, reflecting a 2.2-percent increase in output and a 0.8-percent increase in hours worked. Over-the-year productivity growth has slowed since its recent peak a year earlier when it rose 3.3 percent from the first quarter of 2023 to the first quarter of 2024.
From June 2024 to September 2024, gross job losses from closing and contracting private-sector establishments were 7.6 million, a decrease of 131,000 jobs from the previous quarter. Gross job gains from opening and expanding private-sector establishments were also 7.6 million, an increase of 31,000 jobs from the previous quarter. Gross job losses and gross job gains each represented 5.8 percent of total private-sector employment in third quarter 2024.