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The Bureau of Labor Statistics revises its jobs reports ... Labor Department announced that it had overstated the number of jobs added to the U.S. economy from March 2023 to March 2024 —and by ...
Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication. [1] [2] While the non-seasonally adjusted data reflects the actual unemployment rate, the seasonally adjusted data removes time from the equation. [3]
With the unemployment rate moving higher throughout most of 2024 and monthly job gains slowing, the labor market is ending the year inarguably having cooled from where it started. The hiring rate ...
A labor market area is a geographic area or region defined for purposes of compiling, reporting, and evaluating employment, unemployment, workforce availability, and related topics. It can be defined as an economically integrated region within which residents can find jobs within a reasonable commuting distance or can change their employment ...
(Reuters) - The U.S. Bureau of Labor Statistics is once again under scrutiny after closely watched job market data due for public release on Wednesday was inexplicably delayed but still found its ...
The Current Population Survey (CPS) [1] is a monthly survey of about 60,000 U.S. households conducted by the United States Census Bureau for the Bureau of Labor Statistics (BLS). The BLS uses the data to publish reports early each month called the Employment Situation. [ 2 ]
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 ...
Unit labor costs - the price of labor per single unit of output - increased at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said.