Friday, April 28, 2006

 

Month Labor Review, April 2006

Monthly Labor Review Online
April 2006Vol. 129, Number 4

http://www.bls.gov/opub/mlr/mlrhome.htm

Changes affecting the Employment Cost Index: an overview Richard E. Caroll

http://www.bls.gov/opub/mlr/2006/04/art1full.pdf

With the release of March 2006 data, BLS has updated the ECI to reflect the new industry and occupational classifications systems; rebased the index to 2005; and implemented new procedures to account for missing data and to compute seasonal adjustments

Employment Cost Index publication plans Fehmida Sleemi
http://www.bls.gov/opub/mlr/2006/04/art2full.pdf

The Employment Cost Index has gone through changes that affected publication series; some series were unchanged, some new series were introduced, while others have a break in continuity or are being discontinued

Seasonal adjustments in the Employment Cost Index E. Raphael Branch and Lowell Mason http://www.bls.gov/opub/mlr/2006/04/art3full.pdf

As part of the conversion of ECI industry and occupation classifications to NAICS and SOC, the Bureau of Labor Statistics used the converted classifications to estimate the seasonally adjusted ECI; in addition, the Bureau improved the methodology and processing of seasonally adjusted estimates

Accounting for missing data in the Employment Cost Index Song Yi
http://www.bls.gov/opub/mlr/2006/04/art4full.pdf

Employers do not always provide all the information needed to compile the Employment Cost Index (ECI); new ECI procedures have improved the methods for dealing with missing values

Introducing 2002 weights in the Employment Cost Index Stephanie L. Costo
http://www.bls.gov/opub/mlr/2006/04/art5full.pdf

Beginning in March 2006, ECI estimates were modified to reflect 2002 employment counts; disruptions to the most-aggregated historical series from this change alone were slight

Report
A visual essay: international labor market comparisons
http://www.bls.gov/opub/mlr/2006/04/ressum.pdf

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