Bureau of labor statistics

This stimulates demandwhich spurs economic growth. The best way is to sign up for their free email newsletter. 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. Inflation is important to measure, since it can affect consumer behavior.

bureau of labor statistics job growth

The Bureau Commissioner is appointed by the President and confirmed by the Senate to a term that does not coincide with that of the executive.

The Bureau is intended to be separate and distinct from the policy-making and enforcement arms of the Department of Labor, and maintain credibility based on standards of data collection, processing and dissemination.

If prices fall too rapidly, this can cause deflationwhich can be a greater threat than inflation. Various analyses of specific topics. International employment comparisons for 10 countries.

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Overview of BLS Wage Data by Area and Occupation : U.S. Bureau of Labor Statistics