Labor Department

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

Job Openings Dropped Significantly in August, as Hiring Remained Strong

The number of job openings sharply declined in August, while hiring slightly increased over the previous month, the Labor Department reported Tuesday.

Stock Market Tanked 14 Percent Since Biden’s Inflationary Boondoggle Passed

The stock market continued its downward spiral on Thursday as the economy struggles to cope with Democrats’ reckless spending adding fuel to runaway inflation.

‘Historic Levels of Fraud’: U.S. Government Admits Scam Artists Stole $45.6 Billion in Pandemic Unemployment Benefits, Feds Say Dead People Exploited

A federal watchdog estimates that fraudsters stole $45.6 billion in unemployment benefits during the COVID-19 pandemic.

Stubbornly High Rents, Food Prices Boost U.S. Inflation in August

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

Shift in Hiring Patterns Points to Looming Recession for Biden Economy

Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...

Americans Fleeing to Mexico to Avoid Biden Economy

5.3 million American tourists entered Mexico between January and May 2022.

Pete Buttigieg Boasts that High Gas Prices Are Forcing Americans Towards Electric Vehicles

President Joe Biden’s Transportation Secretary, Pete Buttigieg, boasted about how high gas prices are forcing Americans towards electric vehicles during an interview on Thursday on REAL 92.3’s Big Boy TV.

Jobs Data Show Two Post-COVID Americas

The Labor Department announced on Friday that the economy had recovered another 372,000 net jobs in June from the many jobs lost during COVID.

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