Morning Edition had a segment on computer tablets that many restaurants are now placing on dining tables which allow people to order and pay their bill without needing a waiter or waitress. The point of the piece is that these tablets are likely to cost the jobs of many table servers. While this is true, we have always seen productivity growth. Show More Summary
Today's culprit is National Public Radio. The point here is extremely simple. We know how fast robots and other technologies are replacing workers. In fact the Bureau of Labor Statistics measures it quarterly, it's called "productivity...Show More Summary
According to the Bureau of Labor Statistics, there were 2.7 million individuals who quit their job in February, 2015. Surprisingly, the largest increases came in the professional and business services sector and health care and social assistance. As much as you may not like to admit it, employee turnover is not always the result of a poor work ethic. Show More Summary
The April State Employment and Unemployment report, released today by the Bureau of Labor Statistics, showed most states are still plodding along with job growth sufficient to slowly bring down unemployment rates.
The Bureau of Labor Statistics just released the April unemployment rates for the states and Washington, DC. Nebraska had the lowest unemployment rate, at just 2.5%, while the District of Columbia had the highest rate at 7.5%. Even though...Show More Summary
The most widely used measure for inflation is the Consumer Price Index (CPI) put out by the Bureau of Labor and Statistics (BLS). Nearly a decade ago I discussed how poorly a job the CPI did in measuring home price increases while they were happening. In fact, during the raging housing bubble the CPI only […]
Bacon price rose consistently for nearly five years, reaching an all-time high of $6.11 a pound in June 2014. But now they've finally started to drop. The Bureau of Labor Statistics' latest Consumer Price Index report, released Friday morning, showed that the price of a pound of bacon averaged $5.21 in U.S. Show More Summary
A getaway can really put an exclamation point on a great summer, but not if it ruins your budget for the rest of the year. According to the Bureau of Labor Statistics, Americans, on average, spent $1,372 on travel in 2011 See also: 15...Show More Summary
The Bureau of Labor Statistics said that consumer prices rose 0.1 percent in April, slightly lower than the 0.2 percentRead the Rest...
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index declined...Show More Summary
The unemployment rate for foreign-born workers in the U.S. fell to 5.6% in 2014 from 6.9% in 2013, the Bureau of Labor Statistics reported Thursday, reflecting the overall firming up of the labor market last year.
In 2014, 70.1 percent of mothers and 92.8 percent of fathers with children under 18 were either working or looking for work, according to the Bureau of Labor Statistics. These large numbers of working moms and dads affect the dynamics of parenthood and raising a family today in many ways. Show More Summary
We talked to three futurists to find out what the hot jobs of 2025 could be, and their answers may surprise you. For decades, the U.S. Bureau of Labor's Economic and Employment Projections have been the bellwether for predicting what the hottest jobs up to a decade out would be. Show More Summary
Firefighters are among the first on the scene in any emergency, and the amount their paid varies from state to state. Every year, the Bureau of Labor Statistics releases a comprehensive set of statistics on employment by occupation in the United States. Show More Summary
One of the major reasons for yesterday's market surge to new record highs was the surprise drop and miss in the April wholesale inflation report, or rather make that deflation, when the BLS announced that PPI in April had dropped byShow More Summary
The Bureau of Labor Statistics said that producer prices for final demand goods and services fell 0.4 percent in April,Read the Rest...
Roughly 25% of Americans volunteer, down slightly since 2012's big compassion rush, logging a karmic bank-breaking 26%, according to the Bureau of Labor Statistics. The overwhelming remainder of us "want to" or "plan to" (we're mostly...Show More Summary
The Bureau of Labor Statistics said that net hiring in the manufacturing sector was negative in both February and March,Read the Rest...
Both in February and in March, in the aftermath of the total collapse in energy-related jobs in Texas, we had a simple, if recurring, question for the Bureau of Labor Statistcs: Did The BLS Forget To Count Thousands Of Energy Job Losses? and Did The BLS Again Forget To Count The Tens Of Thousands Of Energy Job Losses? The answer was Yes and Yes. Show More Summary
From the BLS: Job Openings and Labor Turnover Summary There were 5.0 million job openings on the last business day of March, little changed from 5.1 million in February, the U.S. Bureau of Labor Statistics reported today. Hires wereShow More Summary