Gas prices throughout the United States have continued to trend upward over the past several weeks, due to increasing oil prices.
Consumers have faced steep gas prices throughout the past year, as demand continues to rebound in the aftermath of the COVID-19 pandemic and as a result of sanctions on Russian imports while the war in Ukraine continues to rage.
Despite the rise in unemployment rate, the nation’s total nonfarm payroll employment increased by 339,000 jobs.
The national unemployment rate dropped from 3.6 percent in February to 3.5 percent in March.
The organization found that the national unemployment rate rose from 3.4 percent in January to 3.6 percent in February.
Wisconsin now has almost as many jobs as it did before the COVID-19 pandemic three years ago, according to the latest numbers from the state labor department, but fewer people are working or available to work than even one year ago.
Last summer, when her daughter was still drinking formula, Brittani Roberts often drove from store to store trying to find enough to feed her.
The national unemployment rate dropped from 3.5 percent in December to 3.4 percent in January, the lowest recorded unemployment rate since 1969.
Locally, according to a newly released Bureau of Labor Statistics report released on February 1, the Milwaukee-Waukesha-West Allis metropolitan area unemployment rate (not seasonally adjusted) dropped from 3.0 percent in November to 2.4 percent in December.
Grocery prices soared by 11.8% in 2022 – the swiftest pace since the early 1980s. Rapid inflation is, naturally, leading to concerns that it’s getting harder for Americans to put food on the table.