July Employment Grows Modestly, But Economic Warning Signs Emerge
Health care and construction industry lead in job growth.
Health care and construction industry lead in job growth.
The increase in the CPI is down from 9.1% at the same point last year.
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Despite 15% increase in new jobs from April, unemployment rate rises to 3.7%.
Consumer Price Index rose 0.4% in April from a month earlier.
Unemployment rate slips to 3.4%, lowest since 1969.
March marks the 23rd consecutive month of annual inflation at 5% or above.
Unemployment rate dipped to 3.5%.
Analyst: Housing inflation at highest rate since 1982.
Combined with upward revisions for November & December, market proves even stronger than many thought.