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The Occupational Employment and Wage Statistics) (OEWS) survey is a semi-annual survey of approximately 200,000 non-farm business establishments conducted by the Bureau of Labor Statistics (BLS), headquartered in Washington, DC with six regional offices and one office in each state. Until the spring of 2021 it was officially called the ...
Dec. 27—WILKES-BARRE — During the early months of the COVID-19 pandemic, unemployment rates reached new monthly highs, but as businesses were able to reopen following the end of the statewide ...
These significant businesses have brought a large manufacturing industry. Of the 607,900 jobs in Memphis in July 2014, 209,900 are in the manufacturing and transportation industries, around 34.5 percent. [5]
It is a widely watched series by the financial sector but gets less press coverage than the more commonly quoted consumer price index (CPI), which is also prepared by the BLS. While the CPI is a measure of inflation in consumer prices, the ECI is vital as an indication of whether employment cost changes are rising or falling and so it measures ...
These accounts are used extensively by policymakers and businesses to understand industry interactions, productivity trends, and the changing structure of the U.S. economy. There are quarterly and annual reports for "GDP by Industry Accounts", designed for analysis of a specific industry's contribution to overall economic growth and inflation.
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 Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
The Monthly Labor Review (MLR) is published by the U.S. Bureau of Labor Statistics (BLS). Issues often focus on a particular topic. Most articles are by BLS staff. Annually since 1969, the Lawrence R. Klein Award has been awarded to authors of articles appearing in the Monthly Labor Review, generally one to BLS authors and one to non-BLS authors.