Robert J. Smith, Jr
@rjslegalLabor & Employment Lawyer; Managing Partner, Clark Baird Smith LLP; IPELRA General Counsel (2007-2023), Past Mgmt. Chair, ABA State and Local Gov't Barg. Comm.
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Latest CPI report just issued. Year over year inflation rate is now 6.4%, the smallest since October, 2021. Core inflation, minus food and energy, is 5.6%.
CPI report just issued. Year over year inflation measured at 6.5%, down from 7.1% last month. Inflation trend continues to move lower. Core inflation now 5.7%.
As a reminder, for most workers, the Illinois minimum wage rate goes up to $13 per hour starting January 1, 2023. Check with your legal counsel for any exceptions.
December CPI report just issued, and dropped to 7.1%, year over year. Last month's number was 7.7%. Inflation continues to decline.
Inflation is trending down. This month’s CPI report indicates year over year. Inflation of 7.7%That is down from 8.2% last month. “Consumer prices rose 0.4% in October, less than expected, as inflation eases @CNBC” cnbc.com/2022/11/10/con…
Social Security Administration just announced an 8.7% increase in benefits for 2023. Highest increase in 40 years.
CPI just issued: 8.2% for the last 12 months. Down slightly from last month’s 8.3% report. Stay tuned, and expect the Fed to continue to raise interest rates.
New inflation data was just released, and it shows a modest but continued decline in the rate of inflation. The latest CPI report reflects inflation at 8.3% over the last 12 months. This is down from 8.5% last month.
Sad news—Queen Elizabeth II has died, Buckingham Palace announces bbc.co.uk/news/uk-615858…
Latest CPI just out. Inflation drops to 8.5%, down from 9.1% last month. Let’s hope the downward trend continues.
New jobs data just out. Unemployment drops to 3.5%. 500,000 new jobs were created last month. Great time to be looking for work.
Latest Cost of Living report just issued by BLS. CPI-U up 9.1% over the last 12 months! That is higher than last month's 8.6%, and highest since 1981. Continued interest rate increases seem highly likely.
Enjoyed speaking on national collective bargaining trends at the NY State PELRA annual training conference this week in Saratoga Springs. Great group.
Looking forward to presenting @NPELRA ATC in Austin this week.
Latest CPI report reflects an increase of inflation to 8.6% for the last 12 months. The Fed’s rate increases have not yet tamed the beast.
Today's CPI report reflects a change in the cost of living of 8.3% over the past 12 months. That is down from 8.5% last month.
Today's national CPI-U report from BLS indicates that inflation increased by 8.5% over the 12 month period ending in March, 2022. A 41 year high.
We are pleased and proud to announce that Attorney and Former Police Chief Raymond J. Byrne has joined the CBS LLP legal team. Welcome Ray! cbslawyers.com/ray-byrne-intro
Latest national CPI report , issued this morning, indicates a 7.9% increase in the cost of living over the last 12 months.
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