What does Bureau of Labor Statistics do?
The Bureau of Labor Statistics measures labor market activity, working conditions, price changes, and productivity in the U.S. economy to support public and private decision making.
What is the outlook of a job?
The job outlook is the change in the number of people that are employed in a certain occupation over a selected period of time. The period of time is usually two, five, or ten years.
Is Bureau of Labor Statistics survey mandatory?
Nearly all of our surveys are voluntary, which means the individuals, households, and organizations selected for our survey samples can choose whether to participate.
What information does the Bureau of Labor Statistics used to determine the CPI?
The Consumer Price Index (CPI), which measures is widely used to measure inflation, is determined by tracking price changes in a market basket of consumer goods and services over a period of time.
How does the Bureau of Labor Statistics collect 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, and email, to obtain data from Occupational Requirements Survey (ORS) respondents.
What does a negative job outlook mean?
It means job opportunities are on the rise, although the rate of increase is slow. Projected growth rates that are any lower than 2% or show a decline are bad news. You may find it difficult to get employed in any job that has a low or negative projected growth rate.
Who does the Bureau of Labor Statistics report to?
The BLS is a governmental statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives.
Is BLS 3023 required by law?
Is the BLS 3023 form mandatory? Industry Verification Form, BLS 3023-NVS This report is mandatory under Florida Statutes, Chapter 443, and is authorized by law, 29 U.S.C. 2. Your cooperation is needed to make the results of this survey complete, accurate, and timely.