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Why the Bureau of Economic Analysis is updating how it calculates inflation The

Marketplace
“These measures of what inflation is are part of what the Federal Reserve looks at when it sets interest rates,” explains Erica Groshen, ILR senior labor market advisor, in this audio interview about this year’s changes to how the Bureau of Economic Analysis estimates inflation.
Why the Bureau of Economic Analysis is updating how it calculates inflation The

What happens when wages grow at the same rate as inflation

Marketplace
Erica Groshen, ILR senior labor market advisor, explains how stagnant real earnings and reduced job-changing are affecting worker purchasing power.
What happens when wages grow at the same rate as inflation

Trump fired the BLS chief over 'rigged' data claims. Economists say it cost the economy $20 billion

Yahoo! Finance
The U.S. economy took a $20 billion hit in response to President Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer says a research-based analysis, which was co-written by Erica Groshen, ILR senior labor market advisor and former Bureau of Labor Statistics commissioner. [Syndicated from Moneywise]
Trump fired the BLS chief over 'rigged' data claims. Economists say it cost the economy $20 billion