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A graph of the United States Employment Cost Index from 2001 to August 2018. The employment cost index (ECI) is a quarterly economic series detailing the changes in the costs of labor for businesses in the United States economy. The ECI is prepared by the Bureau of Labor Statistics (BLS), in the U.S. Department of Labor.
In August 2023, the BLS announced it would stop collecting data on workers' compensation, which provides medical care and wage replacement in exchange for the employee's right to sue their employer for negligence. While this benefit is required by most states, workers' compensation only costs employers an average of $0.46 per hour of an ...
The U.S. Department of Labor's Bureau of Labor Statistics (BLS) explains the differences: The CPI frequently is called a cost-of-living index, but it differs in important ways from a complete cost-of-living measure. BLS has for some time used a cost-of-living framework in making practical decisions about questions that arise in constructing the ...
The Bureau of Labor Statistics (BLS) maintains the Direct Match Title File (DMTF) that contains job titles that match detailed occupations in the SOC. [5] For example, the following job titles all match to the occupation Bill and Account Collectors (SOC code of 43-3011): Collection Agent, Collections Clerk, Collections Representative, Debt Collector, Installment Agent, Installment Loan ...
According to a BLS news release on September 9, 2020, average annual expenditures for all consumer units in 2019 were $63,036, a 3.0-percent increase from 2018, the U.S. Bureau of Labor Statistics reported today. During the same period, the Consumer Price Index (CPI-U) rose 1.8 percent and average income before taxes increased 5.4 percent.
The Occupational Outlook Handbook (OOH) is a publication of the United States Department of Labor's Bureau of Labor Statistics that includes information about the nature of work, working conditions, training and education, earnings and job outlook for hundreds of different occupations in the United States.
In statistics, economics,and finance, an index is a statistical measure of change in a representative group of individual data points. These data may be derived from any number of sources, including company performance, prices, productivity, and employment.
The Quarterly Census of Employment and Wages (QCEW, aka ES-202) is a program of the Bureau of Labor Statistics in the US Department of Labor that produces a comprehensive tabulation of employment and wage information for workers covered by state unemployment insurance (UI) laws, as reported to state workforce agencies (SWAs [1]) and the Unemployment Compensation for Federal Employees (UCFE ...
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