Is the US Bureau of Labor Statistics a reliable source?

Is the US Bureau of Labor Statistics a reliable source?

The U.S. Bureau of Labor Statistics collects, analyzes, and publishes reliable information on many aspects of our economy and society. Accurate and timely – We provide accurate information that reflects the current state of our economy.

Is the Bureau of Labor Statistics a government agency?

The U.S. Bureau of Labor Statistics (BLS) is the principal fact-finding agency for the federal government in the broad field of labor economics and statistics. BLS also serves as a statistical resource for the U.S. Department of Labor.

What type of source is the US Bureau of Labor Statistics?

The Bureau of Labor Statistics (BLS) is a Federal government agency and everything that we publish, both in hard copy and electronically, is in the public domain, except for previously copyrighted photographs and illustrations.

What is US Bureau of Labor Statistics used for?

The Bureau of Labor Statistics measures labor market activity, working conditions, price changes, and productivity in the U.S. economy to support public and private decision making.

Where does the Bureau of Labor Statistics get its information?

Instead of collecting primary source data through surveys or censuses, EP relies predominantly on publicly available data that are produced by other BLS programs and other government offices. In addition, BLS uses data accessed through a contract with Macroeconomic Advisers by IHS Markit.

Which government agency is responsible for CPI data?

The Bureau of Labor Statistics (BLS) is an American government agency tasked with collecting and disseminating a range of economic and employment data. The BLS is responsible for two key inflation indicators: the Consumer Price Index (CPI) and Producer Price Index (PPI).

Who is the publisher of US Bureau of Labor Statistics?

Contact Us It was edited and prepared for publication in the Bureau’s Division of BLS Publishing, Office of Publications and Special Studies. Have questions? Contact us by email or by phone: 202-691-5200.

What is a statistician do?

Mathematicians and statisticians typically do the following: Decide what data are needed to answer specific questions or problems. Apply mathematical theories and techniques to solve practical problems in business, engineering, the sciences, and other fields. Design surveys, experiments, or opinion polls to collect …

What publication of the Bureau of Labor Statistics includes information on job trends in the United States?

Each profile in the Occupational Outlook Handbook (OOH) has a “State and Area Data” section with links to OEWS data and resources for states and areas. Current employment data by industry for states and metropolitan areas are available from the Current Employment Statistics State and Area (CES-SA) program.

How does the US Bureau of Labor Statistics gather information?

Bureau of Labor Statistics (BLS) field economists are extensively trained and given detailed instructions on data collection techniques. They employ a variety of methods, including personal visits, mail, telephone, and email, to obtain data from Occupational Requirements Survey (ORS) respondents.

What is the role of the US Bureau of Labor Statistics in regards to monitoring the inflation rate?

The Bureau of Labor Statistics used the surveys to select more than 200 categories of goods and services to monitor. The CPI increases or decreases based on average price movements inside the market basket. The CPI is considered by many to be a benchmark indicator for inflation in the U.S. economy.

Where is the Bureau of Labor Statistics published?

The BLS is now headquartered in the Postal Square Building near the United States Capitol and Union Station. Since 1915, the BLS has published a journal, the Monthly Labor Review, with articles about the data and methodologies of labor statistics.

Who is the Bureau of Labor Statistics and what does it do?

From Wikipedia, the free encyclopedia The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System.

Is the Bureau of Labor Statistics data confidential?

For example, see our Handbook of Methods, which documents every statistical program. Plus, see our Policies page. Confidentiality: All respondent data are completely confidential and used for statistical purposes only.

How does the US Department of Labor work?

We serve the American Workforce, the Department of Labor, and the Congress by providing independent and objective oversight of Departmental programs through audits and investigations, and by combating the influence of labor racketeering in the workplace.

What was the purpose of the Bureau of Labor?

The Bureau of Labor was established in the Department of the Interior by the Bureau of Labor Act (23 Stat. 60), June 27, 1884, to collect information about employment and labor.