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How does the BLS collect employment data?
Bureau of Labor Statistics (BLS) field economists are extensively trained and given detailed instructions on data collection techniques. They employ a variety of methods, including personal visits, mail, telephone, email, and video calls, to obtain data from Occupational Requirements Survey (ORS) respondents.
Who uses BLS data?
BLS data are commonly used as a guide when business owners and human resource professionals choose the provisions for their benefits. In addition, companies may use our data to remain competitive in the labor market. To attract and retain workers, employers may provide additional benefits.
How do I download BLS data?
Click the “More Formatting options” link near the top on the right-hand side of the output page. Select any one of the choices to view your data on the Formatting Options page. Select HTML table under Output Type. Click the “Retrieve Data” button.
Where can I find workforce data?
The public workforce system has a wealth of workforce information that is easy to access and freely available. Through the on-line resources of the U.S. Department of Labor, and at your local American Job Center, you can find valuable reports and projections to help you plan.
Is BLS Gov legitimate?
The Bureau of Labor Statistics (BLS) is a nonpartisan statistical agency. We collect information to produce statistics of the U.S. labor market, price changes, working conditions, and productivity.
What is a workforce data?
Workforce data is information that comes from many different sources, such as schools and colleges, job training programs, state unemployment records and real-time information from job posting sites.
How do you calculate labor participation rate?
To calculate the labor force participation rate, divide the labor force by the population. Convert that decimal into a percentage to see the labor force participation rate. Example: The labor force participation rate in the United States in 2018 was 62.6%.
What does Bureau of Labor Statistics (BLS) mean?
What Is the Bureau of Labor Statistics (BLS)? The Bureau of Labor Statistics (BLS) is a federal agency that collects and disseminates various data about the U.S. economy and labor market. Its reports include the Consumer Price Index (CPI) and the Producer Price Index (PPI), both of which are considered to be important measures of inflation.
Is the BLS survey mandatory?
Survey respondents, for what ever reason for statistical purposes since 2002 (PL 107-347 Title V, Subtitle B). The required change to the IRS legislation that would permit BLS to have access to limited business tax information has not been passed
What does the BLS do?
With inflation globally running at almost 40-year highs, and the Fed having lost control of the narrative on inflation, one wonders what comes next, and what investors can do about it just came in at 12.2% (Source BLS). It’s the same story around
Is DOL BLS reporting mandatory?
Yes. The law requires that employers who meet the criteria to be a Multiple Worksite reporter must complete and return the Multiple Worksite Report form on a quarterly basis. If you receive a Multiple Worksite Report (BLS 3020) in the mail, you must fill it out and return it promptly.