Ever since Florida surpassed New York as the third most populous state in the nation, journalists started to document the ways in which the South region of the United States began attracting […]
Real Earnings: Bureau of Labor Statistics, January 2016.
Press Release by the Bureau of Labor Statistics. All employees Real average hourly earnings for all employees increased 0.4 percent from December to January, seasonally adjusted, the U.S. Bureau of Labor Statistics […]
Real Earnings and the use of Dubious Statistics.
The use of the Average Statistic deceives readers very often whenever the Mean gets severely affected by outliers within the data. One of the most repeated critics to data analysts is the […]
Do Workers on Unemployment Insurance make Other Workers’ Income Worst?
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
Labor Productivity: 2015Q1 vis-à-vis 2014Q1.
Labor Productivity increased 0.2 percent when comparing 2014 first quarter and 2015 first quarter. Hours worked by all persons in the labor market increased 0.3 percent in 2015Q1 vis-à-vis 2014Q1. Compensation per […]
Unemployment rate is still at 5.4%: BLS.
The US Bureau of Labor Statistics released on April 27th 2015 its preliminary data on unemployment. On the national level the unemployment rate is still at 5.4%. By regions, the Midwest had […]
Foreign-born workers made up 16% of the US total labor force in 2014.
As the Federal Government awaits for the final judicial ruling on the Executive Actions taken by President Obama in favor of immigrants last Fall, the Bureau of Labor Statistics released today its […]
Median Wages and Earnings Continued Stagnant in 2014 for the Majority of US Occupations.
As President Barack Obama addressed the Nation’s Congress speaking of income inequalities among men and women, the Bureau of Labor Statistics released its quarterly report on weekly earnings focusing on such differences. […]
Top ten of U.S. Occupational Employment Statistics for May: BLS.
“Retail salespersons and cashiers were the occupations with the largest employment in May 2013”: BLS. The top ten of U.S. Occupational Employment Statistics for May, was released today by the Bureau of […]
U.S. Personal Income increased only 14 billion in July 2013. The indicator had been adding higher amounts during the last four months of the current year.
U.S. Personal Income increased only 14 billion in July 2013, the Bureau of Economic Analysis reported today (August 30 2013). That indicator had been adding higher amounts during the last four months […]