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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. The BLS is a governmental statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the Department of Labor, and conducts research into how much families need to earn to be able to enjoy a decent standard of living.
The Occupational Outlook Handbook (OOH) provides information on what workers do; the work environment; education, training, and other qualifications; pay; the job outlook; information on state and area data; similar occupations; and sources of additional information, for 329 occupational profiles covering about 83 percent of the jobs in the economy.
Entry-level Education is the typical level of education that most workers need to enter this occupation.
On-the-job Training is the additional training needed (postemployment) to attain competency in the skills needed in this occupation.
Projected Number of New Jobs is the projected numeric change in employment from 2016 to 2026.
Projected Growth Rate is the projected percent change in employment from 2016 to 2026.
Median Pay is the wage at which half of the workers in the occupation earned more than that amount and half earned less. Median wage data are from the BLS Occupational Employment Statistics survey. In May 2016, the median annual wage for all workers was $37,040.
The source of the data is Employment Projections program (EP) that develops information about the labor market for the Nation as a whole for 10 years in the future: 2016 and projected 2026 employment and job openings statistics.
Establishments in the Manufacturing sector are often described as plants, factories, or mills and characteristically use power-driven machines and materials-handling equipment. However, establishments that transform materials or substances into new products by hand or in the worker's home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors, may also be included in this sector. Manufacturing establishments may process materials or may contract with other establishments to process their materials for them. Both types of establishments are included in manufacturing.
The projections data provide an overview of expected changes in the economy over a 10-year period. The projections are focused on long-term structural trends of the economy and do not try to anticipate future business cycle activity. To meet this objective, specific assumptions are made about the labor force, macro economy, industry employment, and occupational employment. Critical to the production of these projections is the assumption of full employment for the economy in the projected year. The projections are not intended to be a forecast of what the future will be but instead are a description of what would be expected to happen under these specific assumptions and circumstances. When these assumptions are not realized, actual values will differ from projections. The difference between projected changes in the labor force and in employment does not necessarily imply a labor shortage or surplus. The BLS projections assume labor market equilibrium; that is, one in which labor supply meets labor demand except for some level of frictional unemployment. In addition, the employment and labor force measures use different definitional and statistical concepts. For example, employment is a count of jobs, and one person may hold more than one job. Labor force is a count of employed people, and a person is counted only once regardless of how many jobs he or she holds.
The Retail Trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and non-store retailers. 1. Store retailers operate fixed point-of-sale locations, located and designed to attract a high volume of walk-in customers. In general, retail stores have extensive displays of merchandise and use mass-media advertising to attract customers. They typically sell merchandise to the general public for personal or household consumption, but some also serve business and institutional clients. In addition to retailing merchandise, some types of store retailers are also engaged in the provision of after-sales services, such as repair and installation. 2. Non-store retailers, like store retailers, are organized to serve the general public, but their retailing methods differ. The establishments of this sub-sector reach customers and market merchandise with methods, such as the broadcasting of "infomercials," the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls (street vendors, except food), and distribution through vending machines.
Note: "Percentage-point change" and "Annual growth rate" indicates average ten years change and growth respectively. We have taken last year of the time intervals like for the interval 1996–06, considered 2006. Similarly for other time intervals 2006-16,considered 2016 and 2016-26, considered 2026.
Dataset contains US Department of Labor Bureau of Labor Statistics’ monthly data on changes in the US Total Non farm Payrolls and revisions of estimates since 1979.
Non farm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees. It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market. The NFP number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.
The Bureau of Labor Statistics releases preliminary data on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month, at 8:30 a.m. Eastern Time; typically this date occurs on the first Friday of the month.
Payroll refers to the payroll for full- and part-time workers who received pay for any part of the pay period that includes the 12th day of the month. The payroll is reported before deductions of any kind, such as those for old-age and unemployment insurance, group insurance, withholding tax, bonds, or union dues; also included is pay for overtime, holidays and vacation, sick leave paid directly by the firm, and commissions paid at least monthly. Bonuses (unless earned and paid regularly each pay period); other pay not earned in the pay period reported (such as retroactive pay); and the value of free rent, fuel, meals, or other payment in kind are excluded. Employee benefits (such as health and other types of insurance, contributions to retirement, and so forth, paid by the employer) also are excluded.
The data comes Current Employment Statistics (CES) and have been revised by the BLS typically by one and two months after the preliminary release. First preliminary estimates of employment, hours, and earnings, based on less than the total sample, are published immediately following the reference month. Final (third) revised sample-based estimates are published 2 months later when nearly all the reports in the sample have been received.
Revisions to CES over-the-month changes are calculated by comparing each month's second preliminary over-the-month change to the first preliminary over-the-month change, the final sample-based over-the month change with the second preliminary over-the-month change, and the final sample-based over-the-month change to the first preliminary over-the-month change.
For futher information see the BLS Handbook of Methods and Technical Notes for the Current Employment Statistics Survey.