Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker
Teona Gherasim
Inflation Economy Job market See all topics Facebook Tweet Email Link Link Copied! Follow The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be tricky to solve. Consumer prices rose 0.4% in August, driving the annual inflation rate to 2.9%, the highest since January, according to Bureau of Labor Statistics data released Thursday. The reading marked an acceleration from the 2.7%
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