Consumer News: The state’s latest unemployment insurance claims report, ways shoppers can save amid rising inflation
Consumer News: The state’s latest unemployment insurance claims report, ways shoppers can save amid rising inflation
Consumer News: The state’s latest unemployment insurance claims report, ways shoppers can save amid rising inflation
From the State House to the White House, President Joe Biden unveiled a new plan to help ease the pain at the pumps. This comes after a new report from the Bureau of Labor Statistics shows inflation at its highest level in more than 40 years. Rent, food, gas and energy bills are the primary drivers.
The Labor Department said its consumer price index jumped 8.5% in March from 12 months earlier, the biggest year-over-year increase since December 1981.
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Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
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