It collects, processes, analyzes, compiles, and produces a wide range of statistical data that reflects the state of the U.S. economy at a given moment. The BLS is a governmental statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representative… Some of the most important statistical releases published by the BLS include: The Bureau of Labor Statistics (BLS) was established as a branch of the Department of the Interior in 1884 with a mandate to research and compile information about economics and labor. It also breaks down the unemployed by length of time they've been without a job. BLS wage data are available by occupation for the nation, regions, states, and many metropolitan and nonmetropolitan areas. A form-based query application which allows you to obtain BLS time series data based on choices you make. make sure you're on a federal government site. Y Some of the more important statistical data published by the BLS includes: the the Consumer Price Index (CPI), the Producer Price Index (PPI), Local Area Unemployment Statistics (LAUS), the National Compensation Survey (NCS) and the "Household" Survey, also known as a Current Population Survey (CPS). Companies will continue to lower prices, hoping to get what business there is. Bureau of Labor Statistics – BLS: The Bureau of Labor Statistics is federal agency that produces a range economic data which reflect the state of the U.S. economy.
What's Right (and Wrong) With Job Safety Analysis (JSA) Forms? The Bureau of Labor Statistics (BLS) is a federal agency that produces a range of economic data about the U.S. economy. Choose the data you want from BLS databases on a simple, one-screen form. These reports are critical aids to taking the pulse of the U.S. economy. - Renew or change your cookie consent, /definition/4899/bureau-of-labor-statistics-bls, The Safety View: Using Storytelling as a Leadership tool, WIS #19 - Women Empowering Women: Taking the Lead in Leadership, Safety Talks #19: Management Best Practices for Safety, The Safety View: Adversaries or Allies, Uncertainty and Safety, WIS #18 - Value of Learning Worker's Individuality, Electrolytes: What They Are and Why They Matter for On-the-Job Hydration, Safety Talks #18 - Heat Stress Preparedness, Work Locations and Vocations That Require Hydration Year-Round, Quiz: Test Your Knowledge About Heat and Hydration, 7 Lesser-Known Factors That Contribute to Heat Stress, Safety Benefits of Using Sound Masking in the Office, Protecting Your Hearing on the Job: The 5 Principles of Hearing Protection, Safety Talks #5 - Noise Exposure: Evolving Legislation and Recent Court Actions with Andrew McNeil, What Senior Management Needs to Know About Hearing Protection. An official website of the United States government.
A lock ( Bureau of Labor Statistics. The ) or https:// means youâve safely connected to the .gov website. Q V The Bureau of Labor Statistics (BLS) is an American government agency tasked with collecting and disseminating a range of economic and employment data. This data is collected from monthly household surveys. The Bureau of Labor Statistics (BLS) is a government agency that is a unit of the United States Department of Labor. To find out the unemployment status for each month since April 2007, go to Current Unemployment Statistics. A reduction in manufacturing jobs is often the first sign of an impending recession. Part of these statistics represent essential indicators of both the supply and the demand sides of the U.S. economy, while others are used by the BLS to justify increasing the minimum wage in different industries. Green Cards and Permanent Residence in the U.S. U.S. Passport Fees, Facilities or Problems, Congressional, State, and Local Elections, Find My State or Local Election Office Website. How to Safely Rescue Someone from a Confined Space, 5 Myths About What Defines a Confined Space, What Your Confined Space Safety Program Needs to Cover. Washington, This can hurt demand, as factories don't need to produce as much. That's because the last thing employers do after a recession is hire new full-time workers. As an arm of the U.S. Department of Labor, BLS researches, assembles and publishes a wide range of statistical data on labor conditions, salaries, unemployment and productivity, and occupational health incidents. Unemployment is a lagging indicator.
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International Consumer Price Indexes, which measures inflation in some foreign countries. The length of time also tells you whether people are unemployed due to a mismatch between their skills and employer needs–a situation known as structural unemployment. Why? The Bureau of Labor Statistics (BLS) is responsible for two key inflation indicators, the Consumer Price Index (CPI) and Producer Price Index (PPI). U.S. Bureau of Labor Statistics Postal Square Building 2 Massachusetts Avenue NE Washington, DC 20212-0001 Telephone: 1-202-691-5200 Federal Relay Service: 1-800-877-8339 www.bls.gov Contact Us resources Privacy Policy The Bureau of Labor Statistics measures labor market activity, working conditions, and price changes in the economy.
If prices fall too rapidly, this can cause deflation, which can be a greater threat than inflation. There are 25 reports available, but the most critical to review regularly are these three: For each monthly employment report since 2007, see Current Employment Statistics. Bureau of Labor Statistics (BLS) is responsible and dedicated to serving the people of Utah by developing, implementing programs, collecting, and compiling fatal and nonfatal occupational injuries and illnesses in the state. U.S. Bureau of Labor Statistics Postal Square Building 2 Massachusetts Avenue NE Washington, DC 20212-0001 Telephone: 1-202-691-5200 Federal Relay Service: 1-800-877-8339 www.bls.gov Contact Us The site is secure. B The .gov means it's official.
20212, Executive Department Sub-Office/Agency/Bureau, USAGov is the Official Guide to Government Information and Services, Government Agencies and Elected Officials, Indian Tribes and Resources for Native Americans, Commonly Requested U.S. Laws and Regulations, How Laws Are Made and How to Research Them, Personal Legal Issues, Documents, and Family History, Who Can and Canât Vote in U.S. The BLS conducts the Employment Report through a survey of businesses. About Us. The Consumer Price Index measures the average change in prices over time that consumers pay for a basket of goods and services. Fire Extinguisher Classifications: What They Mean and Why They Matter, ISO 45001: Key Points Every Safety Professional Should Know, 12 Things to Do During an OSHA Investigation, Top 10 OSHA Safety Violations You May Have Committed Last Year, Technology Adoption in the Workplace: Top Three Myths Debunked.
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