According to the U.S. Department of Labor, the consumer price index (CPI) was flat in November on a seasonally adjusted basis. The core CPI, which excludes food and energy costs, rose 0.2%. Economists surveyed by MarketWatch had predicted that both the main CPI and the core rate would rise by 0.1%.
Consumer prices have risen by 1.2% over the past 12 months; the core CPI has risen 1.7% during the same period. Real hourly wages increased by 0.2% in November to $10.33 and have risen 0.9% in the past 12 months.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.