The Occupational Safety and Health Administration (OSHA) is the regulatory body within the U.S. Department of Labor, responsible for enforcing workplace safety and health legislation.
The Bureau of Labor Statistics (BLS) is the principal U.S. federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. It collects, analyzes, and disseminates essential economic information to support public and private decision making.
Understanding the Civilian Labor Force and Its Significance in Economic Analysis
The Employment Cost Index (ECI), issued quarterly by the U.S. Department of Labor, monitors changes in employer payroll costs, including salaries, wages, benefits, and bonuses. It serves as a key indicator for inflation trends.
The Unemployment Rate measures the percentage of the civilian labor force actively seeking employment but unable to find jobs. It is compiled by the U.S. Department of Labor and released monthly.
An in-depth look at jobless claims, their impact on the financial markets, and why they are a crucial economic indicator.
