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Employment Increases Compared to Last Year

Employment for the month of May totaled 1,134,000, a 5.91% increase compared to May 2021, and a -0.4% drop compared to April 2022. Source: Department of Labor Occupations with the largest increase in employment include Professional, Executive and Managerial Occupations, 31.1%, Technicians, Sales and Personnel Support, 26.4%, and Service Occupations, 16.5%.  Employment in agriculture totaled...
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Housing Unit Prices Increase 0.7% since Last Year

In the month of March 2022, there was a total of 1,076 housing units sold, including new and used houses. These houses were only Purchasing and Sale, not refinancing or Commercial. Specifically, there were 993 used housing units sold, and 83 new housing units sold. These housing sales total for March averaged $193,813 per housing...

New Car Unit Sales in May 2022

New car unit sales for May 2022 totaled 10,326. Since May 2021, the amount decreased by 2,360 units (-18.6%). Compared to May 2019, sales are up 16.5%. In the first five months of the year, sales are down -3.5% compared to the same five-month period from last year. Compared to the same period of 2019,...
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Unemployment Insurance decrease in May

The number of new unemployment insurance claims because of unemployment in the week of May 7-14 reached 1,157 claims; a 5% increase from the previous week. The total number of unemployment insurance claims that week was 13,190, including initial and continued claims. The total amount of claims had an increase of 3.94% when compared to...
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Inflation reaches 6.1% in April

Inflation for the month of April stood at 6.1%, the highest figure since October 2018, according to data from the Department of Labor and Human Resources. The rise is due to the increase in the price of gasoline (37.1%) and food, mainly oils (24.7%), meat, poultry, fish, eggs (11.2%), and cereals (8.5%). Prices have been...
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PMI reaches its highest point since 2010

The Purchasing Managers Index demonstrates the direction in which the manufacturing industry’s economy is moving. The PMI compares the current state of the manufacturing sector with the prior month. The neutral value is 50 indicates no change, a value less than 50 means that it’s contracting, and a value greater than 50 means that it’s...
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