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More Signs of Distress in Republican Economy as Inflation, Jobless Claims Rise (www.commondreams.org)

submitted 19 hours ago by pelespirit@sh.itjust.works to c/politics@sh.itjust.works

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A new Consumer Price Index report from the Bureau of Labor Statistics (BLS) found that overall inflation rose by 2.9% year-over-year in August, while core inflation—a measure that excludes commodities such as food and energy—rose 3.1%, the highest reading recorded since this past January.

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