How often is CPI released?

How often is CPI released?

Every year, economists in the CPI calculate new seasonal factors for seasonally adjusted series and apply them to the last 5 years of data. Seasonally adjusted indexes beyond the last 5 years of data are considered to be final and not subject to revision.

What is the employment situation report?

Generally, the Employment Situation Summary report provides statistics and data on the direction of wage and employment trends — information that can be invaluable to investors.

What is the US unemployment rate right now?

5.9%
The unemployment rate is 5.9%, which is 0.1 percentage point higher than in May.

What is current US unemployment rate?

5.9 percent
The national unemployment rate, 5.9 percent, was little changed over the month but was 5.2 percentage points lower than in June 2020.

What is the CPI right now?

United States Prices Last Previous
Consumer Price Index CPI 270.98 268.55
Core Consumer Prices 278.14 275.72
Core Inflation Rate 4.50 3.80
GDP Deflator 117.38 115.65

What is a healthy unemployment rate?

Many consider a 4% to 5% unemployment rate to be full employment and not particularly concerning. The natural rate of unemployment represents the lowest unemployment rate whereby inflation is stable or the unemployment rate that exists with non-accelerating inflation.

What is the highest unemployment rate in US history?

The highest rate of U.S. unemployment was 24.9% in 1933, during the Great Depression. 1 Unemployment remained above 14% from 1931 to 1940. It remained in the single digits until September 1982 when it reached 10.1%. 2 During the Great Recession, unemployment reached 10% in October 2009.

What is the CPI wage increase for 2020?

The Fair Work Commission has announced a 1.75% increase to minimum wages. This will apply to all award wages. Increases to awards will start on 3 different dates for different groups of awards.

What is the CPI increase for 2020?

3.8%
Annual CPI inflation increased to 3.8% in the June quarter The increase in annual CPI inflation includes some ‘base effects’ following the introduction of free child care and a record fall in fuel prices in the June 2020 quarter.