The U.S. labor force participation rate for prime-age workers (those 25-54) dropped sharply in June. While sudden, it brought the rate back to 2023-25 levels. Coming jobs reports, starting with the July numbers out this Friday, may signal whether the rate will stabilize or decline further
You might guess that construction employment in Minnesota hits its peak each August and its trough each February, but the FRED Blog has the data to prove it
The trimmed mean PCE inflation rate ticked up to 2.36% for the 12 months ending in March, up slightly from 2.35% in February. For more on the @DallasFed alternative measure of core inflation, see FRED: