What are current employment statistics?

What are current employment statistics?

The Current Employment Statistics (CES) program is a monthly survey conducted by the Bureau of Labor Statistics. The survey provides employment, hours, and earnings estimates based on payroll records of business establishments.

What is the current unemployment rate BLS?

7.5
Unemployment Rates for States

State August 2021(p) rate Rank
California 7.5 50
Nevada 7.7 51
Footnotes (p) Preliminary
Note: Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month.

How many people work for the BLS?

Who We Are. About half of our 2,400 employees are economists and statisticians, and almost 1,000 employees work across the country in regional offices. Our Commissioner is nominated by the President, confirmed by the Senate, and serves a 4-year fixed term. The Commissioner is the only political appointee at BLS.

Where does the BLS get the data about jobs?

National Employment (from the Current Employment Statistics survey) A monthly survey of the payroll records of business establishments provides data on employment, hours, and earnings of workers at the National level.

How do you calculate employment rate?

Calculate the employment rate. Divide the number of employed people by the total labor force. Multiply this number by 100. The result of these calculations is the employment rate.

What percentage of the US population is employed 2021?

For release 10:00 a.m. (ET) Wednesday, August 18, 2021 USDL-21-1515 Technical information: (202) 691-6378 * [email protected] * www.bls.gov/cps Media contact: (202) 691-5902 * [email protected] EMPLOYMENT AND UNEMPLOYMENT AMONG YOUTH — SUMMER 2021 In July 2021, 54.4 percent of young people (persons ages 16 to 24) were …

Which medical career does it predict to be the highest in demand?

Among the fastest-growing health care occupations are physician assistants, nurse practitioners (52 percent job growth rate is predicted from 2019 to 2029; the quickest in the field) and occupational therapy assistants.

Why are discouraged workers not included in the unemployment rate?

Since discouraged workers are not actively searching for a job, they are considered nonparticipants in the labor market—that is, they are neither counted as unemployed nor included in the labor force. As a result, the U-4 rate is always higher than the official unemployment rate.

Is BLS wage data accurate?

The statistical reliability of the BLS wage data is adequate for most metropolitan and non-metropolitan areas (at least 90 percent of areas). For a small proportion of areas, the BLS data are not as reliable.

Where does BLS salary data come from?

BLS wage data by area and occupation are from the National Compensation Survey, Occupational Employment Statistics Survey, or the Current Population Survey.

What does BLS stand for in employment?

The Bureau of Labor Statistics (BLS) is an American government agency tasked with collecting and disseminating a range of economic and employment data. The BLS is responsible for two key inflation…

What does Bureau of Labor Statistics (BLS) mean?

Definition – What does Bureau of Labor Statistics (BLS) mean? The Bureau of Labor Statistics (BLS) is a government agency that is a unit of the United States Department of Labor. It collects, processes, analyzes, compiles, and produces a wide range of statistical data that reflects the state of the U.S. economy at a given moment.

What is current employment statistics?

The Current Employment Statistics (CES) program is a monthly survey conducted by the Bureau of Labor Statistics . The survey provides employment, hours, and earnings estimates based on payroll records of business establishments.

What is current employment statistics program?

Current Employment Statistics (CES) The Current Employment Statistics (CES) program is a federal and state cooperative program that surveys about 147,000 businesses and government agencies, representing approximately 634,000 individual worksites, in order to provide detailed industry data on employment, hours, and earnings…

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