Home » Economy

Consumer Prices Rose to 5% in May, Increasing the prospect of Higher Inflation

The Department of Labor released a report on Thursday, that consumer prices increased 5% for the year ending in May, the largest such increase since August 2008, the fear is that inflation might get out of hand.

By |2021-06-10T15:42:33-05:00June 10th, 2021|Economy|0 Comments

U.S. Unemployment Rate Declined to 5.8% with 559,000 Jobs Created

For the second month in the U.S. economy underperformed in the amount of jobs economists had expected to be created as May's unemployment rate declined to 5.8% with 559,000 jobs created instead of 650,000 that were expected.

By |2021-06-04T18:39:14-05:00June 4th, 2021|Economy|0 Comments
Go to Top