Inflation Cooled Amid Affordability Worries

Here’s a breakdown of the key information from the provided text:

Economic Data (November):

* Job Growth: U.S.employers added 64,000 jobs. Hiring⁣ is slowing.
* Unemployment Rate: Rose to 4.6%.
* Inflation: Consumer prices were up 2.7% from ‌a year ago (smaller ⁤increase than the 3% seen⁤ in September).Prices ⁢rose 0.2% ⁢between September⁤ and November.
* October Data: October inflation data⁣ was ⁤unavailable due ‌to the government shutdown.
* Rental Data Impact: The lack of October rental data may have ​skewed the November inflation figure⁣ lower.

Public Opinion:

* Trump Approval (Economy): 36% of Americans approve ​of President Trump’s economic stewardship⁢ – his lowest rating ‌in six years⁤ of⁤ polling.
* Affordability⁢ Concerns: 71% of Americans say their income ‍matches​ or falls short of monthly​ expenses.
* ​ Key ⁢Drivers of​ Concern: High prices are a major concern for Americans.

Specific Price Trends:

* ⁢ rising Costs: Rent and electricity costs have increased.
* ⁤ Falling ⁤Costs: Some food‍ items (like eggs) have decreased in‌ price.
* Wage Growth: Wages are still rising faster than prices,​ but the rate of ‌wage growth is slowing.