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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 total recordable incident rate (TRIR) is a measure of occupational safety and health, useful for comparing working conditions in workplaces and industries.It is calculated by combining the actual number of safety incidents and total work hours of all employees with a standard employee group (100 employees working 40 hours a week for 50 weeks a year).
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 ...
(Reuters) - A subset of key and highly sensitive U.S. inflation data was inadvertently published about 30 minutes ahead of its scheduled release on Wednesday, the Bureau of Labor Statistics said ...
The List of countries by rate of fatal workplace accidents sorts countries by the rate of workplace fatalities per 100,000 workers. Data is provided by the International Labour Organization (ILO). According to estimates, around 2.3 million people die yearly from work-related accidents or diseases every year.
An average fatality rate is computed by dividing the sum of the fatalities across the years by the sum of the annual employment figures for the given occupation over the given time period, and multiplying by 100,000. In the U.S. the Bureau of Labor Statistics makes available extensive statistics on workplace accidents and injuries. [4] For example:
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
Although the old unemployment rate series', which include part-time workers looking for full-time work and unemployed who stopped looking over a year ago, is still published monthly by BLS, the U-3 series is generally considered more meaningful and is the headline rate picked up by most media outlets. [5]