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Bureau of Labor Statistics

Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study
Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study Easter traditions are taking a hit this year – especially in the Northeast – as rising prices push families to scale back holiday plans, according to a new survey. Nearly half of Americans plan to skip dyeing eggs in 2025 because of rising costs, WalletHub said in its annual Easter Survey released on Tuesday, April 15. The personal finance website surveyed 200 adults nationwide about their preparations for the important Christian holiday that falls on Sunday, April 20. WalletHub found that 47% of Americans are passing on dyed eggs in 2025. Nearly two in five said that President Donald Trump…
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation slightly eased in March, just before President Donald Trump's sweeping tariff announcement sent Wall Street spiraling, wiping out trillions in market value before a temporary tariff pause. The consumer price index (CPI) fell 0.1% in March, the first decline since October, the Bureau of Labor Statistics said on Thursday, April 10. Prices climbed 2.4% from March 2024, the slowest annual increase since early 2021. Wall Street was bracing for a hotter inflation report. The Dow Jones consensus estimated headline inflation to be 2.6% and core inflation to be 3%, CNBC reported. Gas…
Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow
Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow President Donald Trump will place a jarring 104% tariff on Chinese goods, wiping out gains on Wall Street after three chaotic days of trading that wiped out trillions from US markets and elevated recession fears. White House Press Secretary Karoline Leavitt confirmed the dramatic tariff rise during a news conference on Tuesday, April 8. The new 104% duty will officially begin at 12:01 a.m. on Wednesday, April 9. China's tariff rate was raised to a combined 54% when Trump announced his "liberation day" tariffs on Wednesday, April 2. A 34% additional tariff was added to Trump's pre-existing 2…
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Chaos has shaken Wall Street for a third day as the White House denied rumors of a pause on President Donald Trump's sweeping new tariffs that sparked the worst sell-off since the start of the COVID-19 pandemic. The Dow Jones Industrial Average opened down roughly 1,250 points on Monday, April 7. The massive drop continued the market freefall that happened in the aftermath of Trump's "liberation day" announcement. Soon after trading opened, the Dow surged back into the green by around 10:15 a.m. The bounce back appeared to be in response to social media posts claiming Trump was conside…
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Unemployment inched up in March – slightly higher than economists expected – as stock markets crashed and Big Tech companies saw their worst single-day loss on record in response to President Donald Trump's aggressive new tariffs. March's unemployment rate was 4.2%, the Bureau of Labor Statistics said on Friday, April 4. That was slightly higher than the 4.1% forecast as the labor force participation rate also rose, CNBC reported. The US added 228,000 nonfarm payrolls in March, significantly higher than the Dow Jones estimate of around 140,000. The BLS also reduced …
More Americans Have Second Jobs Than Ever: Here's Look Beyond Numbers More Americans Have Second Jobs Than Ever: Here's Look Beyond Numbers
More Americans Have Second Jobs Than Ever: Here's Look Beyond Numbers A growing number of Americans are working multiple jobs, with new federal data showing that approximately 8.9 million people now hold a second job.  This marks the highest rate since April 2009, during the Great Recession. At least 5 percent of the American workforce is now balancing multiple jobs, according to the Bureau of Labor Statistics (BLS). While inflation has slowed in recent months, financial pressures continue to drive workers toward additional employment. Rising Costs, Reduced Hours Among Key Factors Economic uncertainty, increased living expenses, and reduced work hours …
NY Ranks In Top Half Of US For Most Stress, New Study Says: Here's Why NY Ranks In Top Half Of US For Most Stress, New Study Says: Here's Why
NY Ranks In Top Half Of US For Most Stress, New Study Says: Here's Why While most Americans are feeling the pressure — from rising costs to political uncertainty — residents in the Northeast and mid-Atlantic may be catching a bit of a break, according to a new study. WalletHub released its 2025 list of the most stressed states in the US on Monday, Mar. 24. The findings suggest that despite national anxieties — like inflation, job instability, and healthcare access — many in the region are experiencing less day-to-day stress than much of the country. Connecticut ranked 42nd overall, placing it among the 10 least-stressed states. The Constitution State had …
NY Scores High For Supporting Immigrants But Economic Gaps Persist, New Study Says NY Scores High For Supporting Immigrants But Economic Gaps Persist, New Study Says
NY Scores High For Supporting Immigrants But Economic Gaps Persist, New Study Says A new study says some mid-Atlantic states are among the nation's leaders for having the best conditions for immigrants. Virginia ranked No. 1 as the most welcoming state for immigrants, while Arizona was named the worst, according to the study from SmileHub. The report evaluated states on 17 key factors, including the share of immigrants, job opportunities, and legal protections. The study was released as concerns rise over the Trump administration's crackdown on undocumented migrants, which is also increasing fears among immigrants legally in the US. "Over 51 million immigrants live …
Consumer Confidence Falls To 2022 Lows Amid Tariff Worries, Affordability Crisis: Survey Consumer Confidence Falls To 2022 Lows Amid Tariff Worries, Affordability Crisis: Survey
Consumer Confidence Falls To 2022 Lows Amid Tariff Worries, Affordability Crisis: Survey Consumer confidence plunged in March, hitting its lowest level since 2022 as lingering inflation, a slowing job market, and economic uncertainty weigh on Americans. The preliminary consumer sentiment index dropped to 57.9 in March, down 10.5 percent from February, a survey from the University of Michigan said on Friday, Mar. 14. It marks the lowest reading since November 2022 and 27.1 percent lower than March 2024. The decline marks the third consecutive month of falling confidence, with all age groups, income levels, and political backgrounds reporting a more negative outlook. "…
Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns
Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Consumer prices rose slightly less than expected in February, but President Donald Trump's escalating trade wars and a declining labor market are keeping economic uncertainty high. Inflation increased 0.2 percent in February and 2.8 percent over the past year, according to new Bureau of Labor Statistics data released on Wednesday, Mar. 12. The yearly inflation number remained well above the Federal Reserve's two-percent target. The monthly increase was smaller than January's jump of 0.5 percent. February's figures were also a little lower than Dow Jones expectations, CNBC reported. Co…
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts. The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported. Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises 24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises
24-Hour Spending Blackout Targets Major Retailers, Politicians As Economic Anxiety Rises A grassroots movement calling on people across the country to pause all non-essential purchases has begun its first "economic blackout" in a protest against corporate greed and financial inequality. The group called The People's Union USA organized the "24-Hour Economic Blackout" on Friday, Feb. 28. Supporters were asked to avoid all non-essential spending, including purchases from major retailers like Amazon, Walmart, Best Buy, and Target, as well as gas and fast food. Supporters of the blackout were asked to only buy "absolutely necessary" items like food, medicine, and eme…
Jobless Claims Hit Four-Month High, Adding To Inflation And Recession Fears Jobless Claims Hit Four-Month High, Adding To Inflation And Recession Fears
Jobless Claims Hit Four-Month High, Adding To Inflation And Recession Fears Unemployment claims have surged to their highest level since October 2024, adding to growing concerns over job security and the broader economy. Initial jobless claims jumped by 22,000 to 242,000 for the week ending on Saturday, Feb. 22, the Bureau of Labor Statistics said in data released on Thursday, Feb. 27. The previous week's total was revised up slightly to 220,000. The rise in claims comes as consumer confidence took its steepest monthly dive since August 2021 amid concerns over inflation, tariffs, and the labor market. The Conference Board's Consumer Confidence Index fell …
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices Wegmans Cracks Down On Rising Egg Costs With Super Low Prices
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices If you’ve been to the grocery store lately, you might have felt some serious sticker shock in the egg aisle. Prices are climbing fast, but Wegmans is vowing to keep costs from scrambling out of control. The grocery chain, known for its loyal following and high-quality selections, says it’s holding the line on egg prices even as costs soar across the country.  "With supply fluctuating nationwide, prices are rising due to avian bird influenza and strong demand," reads a blurb on the Wegmans website in the "eggs section.  "Our New York state supplier takes every precaution to ensure…
Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much
Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much A well-known restaurant chain is making a change that may leave customers scrambling. Regulars stopping in for their usual orders at Waffle House will soon notice a small but significant addition to their bill. Waffle House, known for its affordable, around-the-clock breakfast offerings, is implementing a 50-cent surcharge per egg due to skyrocketing egg prices caused by an ongoing avian influenza outbreak.  The surcharge, which applies to all egg-based menu items, is what it calls a temporary measure as the chain navigates higher costs. “Customers and restaurants are being…
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Egg shortages driven by a devastating outbreak of avian influenza, commonly known as bird flu, have now resulted in some supermarkets running out of this beloved staple. In various grocery stores across the country, customers have encountered shelves with limited or no egg cartons available.  Customers who do find cartons available are getting sticker shock, with a dozen eggs priced as high as $15 at some stores. Some supermarkets have started setting limits on the number of cartons that may be purchased. According to data from the Bureau of Labor Statistics, the average price of a d…
Record-High Egg Prices Likely To See New Increases: What To Know Record-High Egg Prices Likely To See New Increases: What To Know
Record-High Egg Prices Likely To See New Increases: What To Know Across the country, grocery shoppers are facing sticker shock and empty shelves as egg prices continue to skyrocket.  Once an affordable staple, eggs have become increasingly expension -- and sometimes, even difficult to find — and the situation is only expected to worsen. The surge in egg prices is being driven by a combination of inflation and a devastating outbreak of avian influenza, better known as bird flu. The H5N1 virus, which made its way to the United States in 2022, has infected or killed millions of birds and infected many other animals In just the last three months, more…
Roofing Contractor In Hudson Valley Cited By Feds For Exposing Workers To Falls Roofing Contractor In Hudson Valley Cited By Feds For Exposing Workers To Falls
Roofing Contractor In Hudson Valley Cited By Feds For Exposing Workers To Falls Three federal safety inspections at an area condominium complex confirmed a Hudson Valley roofing contractor repeatedly exposed residential roof workers to potentially deadly falls from heights of 18 to 20 feet, according to federal officials. The US Department of Labor’s Occupational Safety and Health Administration (OSHA) identified nine willful violations in its inspections of ALJ Home Improvement Inc. at Rockland County work sites in Suffern during the month of May, officials said. The violations included employees working without required fall protection as they removed sheathing and p…