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Bureau of Labor Statistics

In 2025, COLA will be 2.5%, but some federal retirees will receive a lower percentage

The final piece of the puzzle came together Thursday morning to calculate the 2025 cost of living adjustment (COLA) for Social Security and federal retirement benefits. Starting in January, many federal retirees will have a 2.5% COLA added to their…

The rise in consumer prices in September was stronger than expected

A closely watched report on U.S. inflation showed that consumer price increases fell on an annual basis in September but “core prices” remained stable, according to the latest data from the Bureau of Labor Statistics released Thursday morning. The consumer…

September's jobs report disappoints expectations as the U.S. economy adds 254,000 jobs and the unemployment rate falls to 4.1%

The U.S. labor market added far more jobs than forecast in September, while the unemployment rate fell unexpectedly, reflecting a far better picture of the labor market than Wall Street had expected. Bureau of Labor Statistics data released Friday showed…