News

Issues and events that shape Long Island's economic and legislative landscape.

Saturday, October 25, 2014

Statement From LIA Chief John Rizzo on Jobless Claims and Inflation

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"Today's news of modest declines in jobless claims suggests that the labor market situation may be stabilizing following weak jobs growths in December.  The Consumer Price Index excluding volatile food and energy costs rose by just 0.1%, indicating that inflation remains quite low", said John Rizzo, LIA Chief Economist.