The Bureau of Labor Statistics collects data on employment rates, workers’ benefits and conditions, and prices in the United States through surveys and monitoring commodity prices. It publishes monthly and quarterly reports, including the widely used Consumer Price Index, and studies occupational safety.
The Bureau of Labor Statistics is a US government agency responsible for collecting data on employment rates, workers’ benefits and conditions, and prices in the United States. This information is gathered through a series of economic surveys of American workers and consumers, the United States Census, and by monitoring the change in the prices of various commodities. The information is widely used by business, 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 median wages, and the demographic composition 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 Layoff Statistics program. This information is then 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 labor costs.
The Bureau of Labor Statistics is responsible for the Consumer Price Index, which it has published every month since 1919. The bureau tracks the prices of various consumer products and services, along with the percentage of their incomes that people they spend on them. From this, the Bureau of Labor Statistics estimates changes in the American cost of living from month to month.
The consumer price index is the most widely used indicator of inflation in the United States and is the price index used to calculate cost-of-living increases in Social Security. The index also calculates federal employee pensions, 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 taken place.
The Consumer Expenditure Survey is a study of consumer goods purchased by Americans and estimates the purchasing habits of people at different income levels and in 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 Injury, Illness and Death program studies occupational safety. This includes both directly work-related harm, such as workplace accidents and exposure to hazardous materials, as well as other sources of danger, such as workplace shootings. This information is classified by industry, occupation, and geography, making it possible to track security trends across different sectors of the economy.
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