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US Labor Department

US employment increased in April for the seventh month in a row, that’s according to the official figures .On the other hand the overall unemployment rate has also raised. US Labor Department claims that the number of newer jobs created in April increased by 244,000, more than predicted. However, the unemployment rate increased too, to 9%, from 8.8%

The rise in food and petrol prices pushed the annual rate of US inflation up from 2.1% in February to 2.7% in March. The customer price figures from the US Labor Department also showed the increase between February and March at 0.5%. Petrol and food prices together accounted for almost three quarters of the annual increase, leaving these to one side .

Posted by Dospel & GanjaParker