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Lacking executive status, it was renamed the Bureau of Labor under the Department of Commerce and Labor and given the responsibility for the collection of information on labor hours and earnings and "means of promoting material, social, intellectual, moral prosperity." [8] It was the ancestor of the Bureau of Labor Statistics.
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
The O*NET system varies from the DOT in a number of ways. It is a digital database which offers a "flexible system, allowing users to reconfigure data to meet their needs" as opposed to the "fixed format" of the DOT; it reflects the employment needs of an Information society rather than an Industrial society; costs the government and users much less than a printed book would, and is easier to ...
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The United States Department of Commerce (DOC) is an executive department of the U.S. federal government concerned with promoting the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making and helping to set industrial standards.
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The United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government.It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemployment benefits, reemployment services, and occasionally, economic statistics.
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