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Trends in producer prices between e-commerce and brick-and-mortar retail trade establishments

September 25, 2014 Comments off

Trends in producer prices between e-commerce and brick-and-mortar retail trade establishments
Source: Bureau of Labor Statistics

Electronic retailing, or e-commerce, is becoming an increasingly important activity within the U.S. economy. As a component of the retail trade index within the Bureau of Labor Statistics Producer Price Index (PPI) program, the electronic retailing index measures changes in margins received by retailers who conduct sales transactions online.

In the first quarter of 2004, the incidence of retailers conducting electronic retailing was considered minor, making up only 2 percent of total U.S. retail sales. But from 2003 to 2006, electronic retail sales increased an average of 28 percent annually. Then, by the first quarter of 2014, e-commerce grew to about 6 percent of total retail sales in the United States. Between 2009 and 2014, e-commerce sales increased at an average annual rate of 16 percent, compared with a 5-percent growth rate in total retail sales.

This Beyond the Numbers article describes the electronic shopping and mail-order houses industry group within the North American Industry Classification System (NAICS) and compares the factors affecting changes in margins for brick-and-mortar establishments and e-commerce establishments. The article compares changes in margins between the two types of establishments for three specific stores: furniture, clothing, and electronics.

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Spotlight on Statistics — BLS Statistics by Occupation

September 24, 2014 Comments off

Spotlight on Statistics — BLS Statistics by Occupation
Source: Bureau of Labor Statistics

United States workers held over 130 million jobs in May 2013—but what kind of jobs were they? Over 21 million were office and administrative support jobs, including 2.8 million general office clerks and 2.4 million customer service representatives. Another 14 million jobs were in sales occupations, primarily retail salespersons and cashiers, and nearly 12 million jobs were in food service occupations. Although most of the largest occupations were low paying, STEM (science, technology, engineering, and mathematics) jobs and other occupations requiring postsecondary education often had much higher wages. This Spotlight on Statistics uses data from the Occupational Employment Statistics program to provide an overview of occupational employment and wages in May 2013, with an emphasis on STEM jobs and occupational data by typical entry-level education required.

Census of Fatal Occupational Injuries Summary, 2013

September 12, 2014 Comments off

Census of Fatal Occupational Injuries Summary, 2013
Source: Bureau of Labor Statistics

A preliminary total of 4,405 fatal work injuries were recorded in the United States in 2013, lower than the revised count of 4,628 fatal work injuries in 2012, according to results from the Census of Fatal Occupational Injuries (CFOI) conducted by the U.S. Bureau of Labor Statistics. The rate of fatal work injury for U.S. workers in 2013 was 3.2 per 100,000 full-time equivalent (FTE) workers, compared to a final rate of 3.4 per 100,000 in 2012.

Final 2013 data from CFOI will be released in the late spring of 2015. Over the last 5 years, net increases to the preliminary count have averaged 165 cases, ranging from a low of 84 in 2011 to a high of 245 in 2012. The revised 2011 figure was 2 percent higher than the preliminary total, while the 2012 figure was 6 percent higher.

The Employment Situation — August 2014

September 5, 2014 Comments off

The Employment Situation — August 2014
Source: Bureau of Labor Statistics

Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services and in health care.

Worker Displacement: 2011-2013

September 4, 2014 Comments off

Worker Displacement: 2011-2013
Source: Bureau of Labor Statistics

From January 2011 through December 2013, 4.3 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reported today. This was down from 6.1 million workers for the prior survey period covering January 2009 to December 2011. In January 2014, 61 percent of workers displaced from 2011 to 2013 were reemployed, up by 5 percentage points from the prior survey in January 2012.

Labor Force Characteristics by Race and Ethnicity, 2013

August 29, 2014 Comments off

Labor Force Characteristics by Race and Ethnicity, 2013 (PDF)
Source: Bureau of Labor Statistics

In 2013, the overall unemployment rate for the United States was 7.4 percent; however, the rate varied across race and ethnicity groups. The rates were highest for Blacks (13.1 percent) and for American Indians and Alaska Natives (12.8 percent) and lowest for Asians (5.2 percent) and for Whites (6.5 percent). The jobless rate was 9.1 percent for Hispanics, 10.2 percent for Native Hawaiians and Other Pacific Islanders, and 11.0 percent for people of Two or More Races.

Labor market differences among the race and ethnicity groups are associated with many factors, not all of which are measurable. These factors include variations across the groups in educational attainment; the occupations and industries in which the groups work; the geographic areas of the country in which the groups are concentrated, including whether they tend to reside in urban or rural settings; and the degree of discrimination encountered in the workplace.

Labor Force Characteristics by Race and Ethnicity, 2013

August 21, 2014 Comments off

Labor Force Characteristics by Race and Ethnicity, 2013 (PDF)
Source: Bureau of Labor Statistics

In 2013, the overall unemployment rate for the United States was 7.4 percent; however, the rate varied across race and ethnicity groups. The rates were highest for Blacks (13.1 percent) and for American Indians and Alaska Natives (12.8 percent) and lowest for Asians (5.2 percent) and for Whites (6.5 percent). The jobless rate was 9.1 percent for Hispanics, 10.2 percent for Native Hawaiians and Other Pacific Islanders, and 11.0 percent for people of Two or More Races.

Labor market differences among the race and ethnicity groups are associated with many factors, not all of which are measurable. These factors include variations across the groups in educational attainment; the occupations and industries in which the groups work; the geographic areas of the country in which the groups are concentrated, including whether they tend to reside in urban or rural settings; and the degree of discrimination encountered in the workplace.

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