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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 ...
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The Current Population Survey (CPS) [1] is a monthly survey of about 60,000 U.S. households conducted by the United States Census Bureau for the Bureau of Labor Statistics (BLS). The BLS uses the data to publish reports early each month called the Employment Situation. [ 2 ]
Every month, the Bureau of Labor Statistics (BLS) conducts two surveys: the Current Employment Statistics (CES) survey and the Current Population Survey (CPS). The CPS, which the Census Bureau ...
In 1884, the U.S. Congress first established a Bureau of Labor Statistics with the Bureau of Labor Act, [3] to collect information about labor and employment. This bureau was under the Department of the Interior. The Bureau started collecting economic data in 1884, and published their first report in 1886. [4]
The U.S. Bureau of Labor Statistics (BLS) publishes a monthly "Employment Situation Summary" with key statistics and commentary. [10] As of June 2018, approximately 128.6 million people in the United States have found full-time work (at least 35 hours a week in total), while 27.0 million worked part-time. [11]
The [Bureau of Labor Statistics]'s definition of a recession is, however, known to only a small number of specialists in business cycle studies. Many people use a much simpler definition—a two‐quarter decline in real [GDP]. While this definition is simplistic, it has worked quite well in the past.
(Reuters) - The U.S. Bureau of Labor Statistics is once again under scrutiny after closely watched job market data due for public release on Wednesday was inexplicably delayed but still found its ...