While in many ways the strong January jobs numbers were good news for the economy and workers, there's a run of disturbing news in other reports.
The Producer Price Index for final demand was up 0.7% in January, seasonally adjusted. Unadjusted over the last 12 months, prices were up 6.0%.
"In January, a 1.2-percent rise in prices for final demand goods led the advance in the final demand index," the Bureau of Labor Statistics reported. "Prices for final demand services also moved higher, increasing 0.4 percent."
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