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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 ...
Wednesday's release shows the US labor market added fewer jobs than initially reported in the 12-month period ending in March 2024 but economists are wary about reading too much into the release.
Economists polled by Reuters had forecast the services PMI declining to 53.8. A PMI reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy.
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 ...
In February 2020, at the start of the COVID-19 pandemic in the United States, there were 164.6 million civilians in the labor force. [2] Before the pandemic, the U.S. labor force had risen each year since 1960 with the exception of the period following the Great Recession, when it remained below 2008 levels from 2009 to 2011. [2]
#7. Fast food and counter workers - Projected new jobs by 2032: 50,400 (+1.5% from 2022) - Total projected jobs in 2032: 3.5 million. Similar to housekeeping and janitorial work, AI's failure at ...
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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 ...