The Bureau of Labor Statistics collects data on employment rates, workers’ compensation, and prices in the US through economic surveys, the US Census, and monitoring commodity prices. It publishes monthly and quarterly reports, including the widely used Consumer Price Index, and studies workplace safety.
The Bureau of Labor Statistics is a US government agency responsible for collecting data on employment rates, workers’ compensation and conditions, and prices in the US. This information is collected through a series of economic surveys of American workers and consumers, the US Census, and by monitoring changes in the prices of various commodities. The information is widely used by businesses, organized labor and all levels of government. The Bureau of Labor Statistics is part of the US Department of Labor.
The Bureau of Labor Statistics collects employment data broken down by factors such as geography, industry and occupation. It tracks increases and decreases in the number of workers working in different parts of the economy, their average wages, and the demographic makeup of the workforce. Much of this data is collected through surveys such as the Current Population Survey, the Current Employment Statistics Survey, and the Mass Dismissal Statistics program. This information is published in a series of monthly reports. The Bureau of Labor Statistics also publishes a quarterly report, the Employment Cost Index, which tracks changes in the cost of labor.
The Bureau of Labor Statistics is responsible for the Consumer Price Index, which has been published monthly since 1919. The bureau tracks the prices of various consumer products and services, along with the percentage of their income that people spend on them. From this, the Bureau of Labor Statistics estimates month-to-month changes in the US cost of living.
The Consumer Price Index is the most widely used inflation indicator in the US and is the price index used to calculate Social Security cost-of-living increases. The index also calculates federal pensions for employees, government benefits such as food stamps, and some union contracts. The Consumer Price Index is a lagging indicator, reflecting the results of economic activity that has already occurred.
The Consumer Expenditure Survey is a study of consumer goods purchased by Americans and estimates the buying habits of people at different income levels and across different demographic groups. This information is widely used by researchers, marketers and policy makers. It is also used in calculating the Consumer Price Index.
The Injuries, Illnesses and Fatalities program studies workplace safety. This includes harm directly related to work, such as industrial accidents and exposure to hazardous materials, and other sources of danger, such as shootings in the workplace. This information is categorized according to industry, occupation and geography, making it possible to track security trends across different sectors of the economy.
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