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The American labor market has cooled from the red hot hiring of 2021-2023. Employers added 180,000 jobs a month in 2024 through November, not bad but down from 251,000 in 2023, 377,000 in 2022 and ...
Similarly to SPM, there is no significant change in revenue in 2021 compared to 2020, $70,784 vs. $71,186. Although the total number of workers in both years is the same, the status of employees tends to move from part-time to full-time employees in 2021. Part-time employees have higher median earnings than full-time employees, about 4.1%.
Analysis from the Center for Economic and Policy Research showed that construction employment had been growing by closer 20,000 jobs per month between September 2023 and 2024.
The 10-year projections cover economic growth, employment by industry and occupation, and labor force. They are widely used in career guidance, in planning education and training programs, and in studying long-range employment trends. These projections, which are updated every two years, are part of a nearly 60-year tradition of providing ...
The Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
It was 1.43 a year ago. The U.S. central bank reduced rates last month for the third straight time since it kicked off its easing cycle in September, but projected fewer cuts this year.
The Occupational Employment and Wage Statistics) (OEWS) survey is a semi-annual survey of approximately 200,000 non-farm business establishments conducted by the Bureau of Labor Statistics (BLS), headquartered in Washington, DC with six regional offices and one office in each state. Until the spring of 2021 it was officially called the ...
"This sets the stage for another quarter of solid economic growth to round out 2024 to further push off concerns about the state of the economy," said Ben Ayers, senior economist at Nationwide.