Labor Rates, 1989-1999

Paper Summary:

"Labor statistics are compiled by a variety of sources, but most analysts rely on information from the Bureau of Labor Statistics for raw data. From this information, analysis can be conducted on the composition of the American workforce and changes that might be taking place with regard to who is working and how much remuneration they are receiving.

From the Paper:

"Labor statistics are compiled by a variety of sources, but most analysts rely on information from the Bureau of Labor Statistics for raw data. From this information, analysis can be conducted on the composition of the American workforce and changes that might be taking place with regard to who is working and how much remuneration they are receiving. By analyzing this information, decisions can be made regarding interest rates (as might be done by the Federal Reserve), investment decisions (as might be undertaken by institutional investors), and wages (as might be performed by business and industry). This research examines labor rates with regard to the period 1989 to 1999 (or 1998 when 1999 information is not available) and considers the reasons for particular trends."

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