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Notes on Current Labor Statistics.

The article presents the statistical series calculated by the Bureau of Labor Statistics regarding labor force, employment, and productivity in the U.S. It mentions the adjustment of real earnings to reduce price changes. It states that labor market indicators originated from the Employment Cost Ind...

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Published in:Monthly Labor Review Vol. 132; no. 8; pp. 47 - 122
Format: Article
Published: US Department of Labor Aug2009
Subjects:
United States
United States. Bureau of Labor Statistics
Labor supply
Employment
Production (Economic theory)
Labor market
Wages
Prices
Work-related injuries
Online Access:View this record in EBSCOhost
Summary:The article presents the statistical series calculated by the Bureau of Labor Statistics regarding labor force, employment, and productivity in the U.S. It mentions the adjustment of real earnings to reduce price changes. It states that labor market indicators originated from the Employment Cost Index (ECI) program. It mentions the alternative measures of wage and compensation rates which reflect trends on labor costs. Moreover, it highlights the Census of Fatal Occupational Injuries which compiles data on injured workers.