Employment Statistics
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Employment of labor force statistics provide a number of statistics pertaining to the working-age population, labor force, employment and unemployment, and other issues like age and gender breakdown. Such statistics provide an array of information on the labor market, from wages and occupation projections to unemployment and historical trends. According to the U.S. Department of Labor, occupational employment statistics are used “for analysis of current and historical occupational employment, as well as analysis of occupational wages. Data are also used in the development of occupational projections and vocational planning. Data are also used in industry skill and technology studies, including market analysis” (Occupational 1). Such statistics provide employers, public policy makers, labor advocacy groups, employees and others with a host of information related to employment.There are a number of techniques for analyzing such data. Such te
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Approximate Word count = 664
Approximate Pages = 3 (250 words per page)
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