Showing posts with label Bureau of Labor Statistics. Show all posts
Showing posts with label Bureau of Labor Statistics. Show all posts

Monday, January 12, 2015

And your point is?

January 12, 2015 Bureau of Labor Statistics , BuzzFeed 0 Comments
Construction Work Is Getting More Deadly, But Only For Latinos

David Noriega, Jan. 6, 2015, Buzzfeed

According to data from the Bureau of Labor Statistics (BLS), between 2010 and 2013, the number of deaths among Latinos in the construction industry rose from 181 to 231. The number of deaths also rose in the industry overall, from 774 to 796. But Latinos account for this rise entirely: During the same period, deaths for non-Latino construction workers fell from 593 to 565. (The numbers for 2013 are preliminary, and are likely to go up across the board when BLS revises them in the spring.)

Read more: www.buzzfeed.com

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Sunday, November 16, 2014

Work ethic has changed?

November 16, 2014 Bureau of Labor Statistics , Paul Bedard 0 Comments
Giving Up: 40% Women, 28% Men, 39% Youth Don't Want A Job

Paul Bedard, Nov. 14, 2014, Washington Examiner

Nearly four in 10 Americans, or 92 million, are not in the labor force and now there’s a reason why: They have simply given up and don’t want to work.

According to the Bureau of Labor Statistics, the largest group of people not in the labor force are those who don’t want a job, a remarkable statement on the nation’s work ethic. The federal job counter said that 85.9 million adults last month didn’t want a job, or 93 percent of all adults not in the labor force.

A Pew Research Center analysis out Friday dug a bit deeper to find out who those people are. Many are younger Americans who seem far less interested it landing a job than previous generations, possibly discouraged by the lack of good-paying jobs.

Read more: www.washingtonexaminer.com


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Tuesday, September 9, 2014

Unintended consequence

September 09, 2014 Ali Meyer , Bureau of Labor Statistics 0 Comments
BLS: Unemployed More Likely to Go Shopping Than Look for Job

By Ali Meyer, Sept. 8, 2014, CNSNews.com









(CNSNews.com) - On the average day, an unemployed American is more likely to be shopping—for things other than groceries and gas---than to be looking for a new job, according to data from the Bureau of Labor Statistics.

Only 18.9 percent of Americans who were unemployed (in surveys conducted from 2009 through 2013) spent time in job search and interviewing activities on an average day, according to BLS. Yet 40.8 percent of the unemployed did some kind of shopping on the average day--either in a store, by telephone, or on the Internet. 22.5 percent of the unemployed, according to BLS, were shopping for items other than groceries, food and gas.

The BLS conducts a study called the American Time Use Survey (ATUS) which tracks how Americans spend their time doing various activities during a given day. “The goal of the survey is to measure how people divide their time among life’s activities,” explains the BLS. “Individuals are randomly selected from subset of households that have completed their eighth and final month of interviews for the Current Population Survey (CPS). ATUS respondents are interviewed only one time about how they spent their time on the previous day, where they were, and whom they were with.”

Read the full story:  www.cnsnews.com

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Friday, September 5, 2014

In other economic news...

September 05, 2014 Ali Meyer , Bureau of Labor Statistics 0 Comments
Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

By Ali Meyer, Sept. 5, 2014, CNSNews.com

(CNSNews.com) - A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according to the Bureau of Labor Statistics.

The labor force participation rate has been as low as 62.8 percent in six of the last twelve months, but prior to last October had not fallen that low since 1978.

BLS employment statistics are based on the civilian noninstitutional population, which consists of all people 16 or older who were not in the military or an institution such as a prison, mental hospital or nursing home.

In August, the civilian noninstitutional population was 248,229,000 according to BLS. Of that 248,229,000, 155,959,000—or 62.8 percent--participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.

Read the full story:  www.cnsnews.com

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Friday, July 4, 2014

Unemployment Improves, But Still Dreadful For Millennials --Backed Obama in '08 and '12--How's that working for you?

July 04, 2014 Bureau of Labor Statistics , Job Numbers 1 Comments
By Robby Soave, Jul. 3, 2014, Reason.com

A generally encouraging jobs report was released Thursday, inspiring some confidence that the limping economy was recovering. According to Forbes:

The Bureau of Labor Statistics released a surprisingly strong jobs report Thursday morning.

Employers added 288,000 jobs in June, significantly more than the 215,000 economists were anticipating. The unemployment rate, which is drawn from a different survey of households, dropped from 6.3% to 6.1% the lowest rate since September 2008.

Immediately following the news the S&P 500, The Dow Jones Industrial Average and Nasdaq Composite were in the green, continuing positive trends seen leading up to the pre-bell release. The Dow crossed 17,000 for the first time ever seconds after the opening bell before settling around 17,050.

The May payroll number was revised up from plus 217,000 jobs to plus 224,000. April’s employment number was also revised from 282,000 jobs added to 304,000. Total employment gains those months were therefore 29,000 higher than BLS — a division of the Department of Labor — previously reported. Job growth averaged 272,000 for the last three months.

“This was a strong report any way you slice it,” wrote RBS U.S. Economist Omair Sharif in a note on the news. Sharif pointed out that the unemployment rate is “where the Fed thought we would be at year-end, and it’s only June.”

The New York Times' Neil Irwin writes that while the numbers are indeed inspiring, there is good reason to be cautious. The job market has periodically experienced an errant, solid quarter only to plummet again:

So the reasons I’m saving the fireworks for the July 4 holiday, rather than this jobs report, is not because there is some obvious soft underbelly. It’s because we’ve kind of seen this before.

Read the full story:  www.reason.com

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