News on U.S. Bureau of Labor Statistics

The Job Market's Hottest Industries

2010-03-09T11:19:40Z

<div><p> <p>Who doesn't want a new job? <br /></p> <p> </p><p>It's the basic human desire to want something new/different/more. And in a country as work-inclined and career-obsessed as ours, that desire more often than not expresses itself in thoughts of career change. But you've got to be careful with a decision like that. It's not something to enter into willy-nilly, lest you end up with a brand new realtor's license at the beginning of a combi...

The BS from the BLS is better than expected.

2010-03-05T20:00:13Z

Stocks are slightly positive this Friday morning, maybe due to a better than expected report out of the Bureau of Labor Statistics.

The BLS report said that 36,000 jobs were lost in February, decently better than the expected loss of 50,000.

It looks to me that there is a continued reduction in those "not in the labor force," meaning people are ...

Joint Economic Cmte Holds Hearing On February 2010 Employment Numbers

2010-03-05T08:23:39Z

WASHINGTON - MARCH 05: Chairman Robert Casey (D-PA), (L) talks with Dr. Keith Hall, (R), Commissioner Bureau of Labor Statistics, during a Joint Economic Committee hearing on Capitol Hill on March 5, 2010 in Washington, DC. The com...

BLS confirms its uselessness, will subtract over 800,000 jobs from the workforce

2010-02-22T12:03:57Z

Friday's BLS report on employment will make a big adjustment to their "birth/death" model, that will strip fake numbers out of the workforce. &nbsp;It's&nbsp;backward-looking, to affect April 2008 through March 2009. &nbsp;Rather than this being an example of a worsening employment picture, it's simply a confirmation that things are worse than the Bureau of Labor Statistics ha...

Volunteerism up among Americans in 2009

2010-02-22T14:32:34Z

<div id="subtitle">About 1.6 million more Americans volunteered their time in 2009</div><div><p>A million and a half more Americans volunteered to help with such activities as raising money, collecting food and tutoring children during the span of a year ending in September 2009, a period marked by job losses and a lousy economy.</p><p>About 63.4 million people ages 16 and older volunteered at least once between ...

Private sector union membership shrinks

2010-02-22T16:29:45Z

<div id="subtitle">Most union members now work for government as private sector unions plunge to record low</div><div><p>The number of union workers employed by the government for the first time outnumbered union ranks in the private sector last year, the result of massive layoffs that plunged the rate of private sector union membership to a record low.</p><p>Local, state and government workers made up 51.5 perce...

The BLS is irrelevant

2010-02-22T23:15:03Z

Just ridiculous. &nbsp;These employment reports from the Bureau of Labor Statistics are simply laughable. &nbsp;What's unfortunate is that policymakers in Washington base all sorts of decisions off them.

The DJIA is off a bit ...

Why is Education Important?

2010-02-23T14:06:14Z

In our great grandparents? time, a high school education was considered sufficient, but those days are over. These days, a college degree is a goal that an increasing number of people are pursuing and it makes sense. The job market is more advanced and competitive than ever. An individual with a broad scope of job skills has the best chance of landing the most coveted positions.<br><br>Naturally, an education brings far more rewards than only financial success. A w...

Personal Training Business Ideas - An Overview

2010-02-23T18:05:32Z

The health craze that is currently sweeping across countries all over the world, may light the bulb of a great business idea in your mind. The numbers provided by the Bureau of Labor Statistics, suggest that personal training business will grow at a yearly rate of 27% till 2016! So it is only very natural that you may want to invest in personal training business ideas that you feel are profitable. Bu...

Where Does the Pharmacist Salary Stand in the Medical Field?

2010-02-23T21:43:26Z

Within the medical industry, there are thousands of different types of careers to choose from. According to the Bureau of Labor Statistics, ?Employing 14 million people in 2006, the medical industry projects an estimated three million more jobs by 2016.? One medical career that is both well-paid and rewarding is a Pharmacist. When compared to other medical careers, the salaries of pharmacists are ver...

THE SIGNS SAY: JOB GROWTH AHEAD

2010-02-24T02:57:40Z

<div><h1>THE SIGNS SAY: JOB GROWTH AHEAD </h1><p>In the face of the Labor Dept.'s October employment report, a forecast that job growth is just around the corner might seem downright foolhardy. After all, payrolls continued to shrink last month, and the jobless rate climbed into double digits. Plus, productivity is spiking as companies squeeze more output from fewer workers. Failing a surge in growth far greater than economists now expe...

PENNY-PINCHING AMERICANS DOWNSIZE THE TRADE DEFICIT

2010-02-24T06:06:54Z

<div><h1>PENNY-PINCHING AMERICANS DOWNSIZE THE TRADE DEFICIT </h1><p>The U.S. trade deficit narrowed in August to $31 billion, or about half the size of a year earlier, as the downturn continued to depress demand for imported goods. Meanwhile, emerging markets, including those in Asia and

ARE YOUR EMPLOYEES JUST BIDING THEIR TIME?

2010-02-24T06:07:48Z

<div><h1>ARE YOUR EMPLOYEES JUST BIDING THEIR TIME? </h1><p>The high unemployment rate has scared working Americans into hanging on to their jobs at all costs. The Bureau of Labor Statistics says the "quit rate"--the portion of U.S. employees who voluntarily leave their jobs--was just 1....

AMERICANS AREN'T LOOSENING THEIR PURSE STRINGS MUCH

2010-02-24T12:09:04Z

AMERICANS AREN'T LOOSENING THEIR PURSE STRINGS MUCH

New data from the Labor Dept. show that after ramping up their spending by an average 5% a year during 2003-07, Americans slowed the pace to 2% in 2008. As the holidays approach, outlays may remain depressed, because household debt levels are still high.

table (available online)

The Stat

49%

Consumers who say they used most of their 2008 economic stimulus rebate to pay off debt; 30% spent it, and...

Getting Unstuck In Your Job Search

2010-02-25T01:37:16Z

<div><p> There are over 10 million anxious job seekers on the prowl, flooding the job market with applications and resumes. Employees are working tirelessly to convince managers and company heads that their role is crucial to the survival of the company, even in the current economic climate. But the truth is, there are only some 3.1 million available positions, according to the U...

The Value of Experience

2010-02-25T09:00:03Z

The work force, particularly professional and staff employees, are becoming more mobile. In the 1970?s, the average person had seven employers during their working careers. By 2005, the Bureau of Labor Statistics found that the average worker born late in the baby boom, had 10.5 employers by the age of 40. This means that many companies are hiring many more people from the outside than they have in t...

It Training for the Future: Information Technology in the Age of the Credit Crunch

2010-02-25T10:59:09Z

There's no denying that we are in a worldwide recession. Governments are in debt; jobs are being cut; houses are being repossessed and people are suffering because of it. However, there is a way to prepare for the declining future and that is through IT training. <br><br>If you are like most people, the last thing on your mind is paying for schooling, especially in a subject as confusing as information technology. However, IT training may be your ticket out of the ...

401k plan contributions limits may fall

2010-02-25T11:44:53Z

<div id="subtitle">Retirement contribution limits tied to Consumer Price Index may fall</div><div><p>It's quite likely that the maximum contribution level for retirement accounts will fall next month unless the Internal Revenue Service or Congress chooses to freeze it at the current $16,500....

How the Security is a Growing Career Field

2010-02-25T19:09:48Z

Unemployment figures are high and many people are considering a career change. According to the Bureau of Labor Statistics, jobs for security officers are expected to grow by 17 percent between 2006 and 2016, making the profession one of the fastest growing. This job is attractive because it can be exciting and in many cases, has flexible hours. Guards often work eight hour shifts but are on call if ...

Joint Economic Committee Holds Hearing On Employment Numbers

2009-08-07T08:17:25Z

WASHINGTON - AUGUST 07: U.S. Bureau of Labor Statistics Commissioner Keith Hall (R) looks over his opening remarks before testifying to the Congressoinal Joint Economic Committee on Captiol Hill August 7, 2009 in