A framework for the evaluation and use of alternative data in the Consumer Expenditure Surveys

1915 ◽  
Author(s):  
Laura Erhard ◽  
Brett McBride ◽  
Adam safir

As part of the implementation of its strategic plan, the U.S. Bureau of Labor Statistics (BLS) has increasingly studied the issue of using alternative data to improve both the quality of its data and the process by which those data are collected. The plan includes the goal of integrating alternative data into BLS programs. This article describes the framework used by the BLS Consumer Expenditure Surveys (CE) program and the potential these data hold for complementing data collected in traditional formats. It also addresses some of the challenges BLS faces when using alternative data and the complementary role that alternative data play in improving the quality of data currently collected. Alternative data can substitute for what is presently being collected from respondents and provide additional information to supplement the variables the CE program produces or to adjust the CE program’s processing and weighting procedures.

2020 ◽  
Vol 3 (2) ◽  
pp. 17-18
Author(s):  
Luneta Fe S. David ◽  
Anabelle S. Palic

As one of the most comprehensive compensation tools for motivating employees, compensation package plans are forms of payment in an organization's compensation practices associated with performance. It is generally one of the organization’s highest costs. According to the U.S. Bureau of Labor Statistics (BLS), 69.6% of a business' employee compensation expenses comprise the salaries and wages. While some costs are controllable, most employers must bear several salary-related costs beyond the base salary (Keegan, 2020). By far, there has never been any attempt to investigate the economic implications of the compensation package in terms of savings on expenditures. Hence, this study primarily intends to determine the economic implications of the compensation package to a business process outsourcing (BPO) in Bacolod City in terms of savings on expenditures. Likewise, it examines the strengths, weaknesses, threats, and opportunities of the company.


Author(s):  
John G. Schehl

The National Roofing Contractors Association (NRCA), a nonprofit construction trade association established in 1886, was challenged to find a solution to overcome a severe industry workforce shortage that emerged as the economy recovered from the great recession. The NRCA leadership, staff, and other industry stakeholders focused on developing strategies to address the workforce crisis head-on and committed resources to develop a series of performance-based programs to overcome the crisis. The new initiatives relied on limited U.S. Department of Labor's Bureau of Labor Statistics (BLS) data to support development decisions. Aware that the available BLS data was insufficient, NRCA commissioned the Arizona State University (ASU) to conduct the roofing industry's first ever comprehensive demographics research study. New data gleaned from the research changed not only NRCA's approach to resolving the workforce crisis, but it may potentially change how the entire roofing industry operates.


1967 ◽  
Vol 61 (4) ◽  
pp. 120-128

The survey was conducted in the Division of Occupational Pay of the U.S. Bureau of Labor Statistics by Toivo P. Kanninen under the general direction of L. R. Linsenmayer, assistant commissioner for wages and industrial relations. The analysis was prepared by Stephen H. Perloff, under the supervision of Louis E. Badenhoop. Assistance in planning the survey was provided by Huesten Collingwood, director, Personnel and Training Service, under the direction of Harold C. Roberts, associate director for service of the American Foundation for the Blind.


2020 ◽  
Vol 3 (1) ◽  
pp. 1-27
Author(s):  
John Pencavel

PurposeThe purpose is to evaluate the performance of consumers' cooperatives in the United States over the last 100 years. This evaluation is based on an overlooked series of surveys undertaken by the U.S. Bureau of Labor Statistics between 1920 and 1950. Where possible, the series are brought up to date.Design/methodology/approachThe surveys did not follow a single consistent organization. Therefore, the observations require rearrangement so that a single meaningful design is achieved.FindingsIn a number of instances, consumers' cooperatives have not merely survived but thrived. Indeed, some of their original and continuing methods of operation have been copied and adopted by firms that are not cooperatives.Originality/valueThe series constructed are original and singular. The author knows of no such comparable data.


2001 ◽  
Vol 61 (4) ◽  
pp. 926-949 ◽  
Author(s):  
Carolyn M. Moehling

A large literature examines men's unemployment and their wives' labor-market participation. In response to her husband's unemployment, a woman may adjust her labor supplied to household production as well as to the market. This article tests for this effect and measures its impact using the U.S. Bureau of Labor Statistics Cost of Living survey of 1917–1919. Households altered both household-production decisions and the wife's labor supplied to the market in response to the husband's unemployment. But the household-production-response effect was smaller than the added-worker effect, in terms of women's labor hours and household consumption.


2020 ◽  
pp. c2-64
Author(s):  
The Editors

buy this issue According to the U.S. Bureau of Labor Statistics, the U.S. economy is experiencing an unemployment rate that is at a fifty-year low. Yet, wage growth continues to be weak, with continuing wage stagnation even at the peak of the business cycle. A major and largely undertheorized reason for the sluggish wages in a period of seeming full employment is to be found in the fact that the new jobs being created by the economy do not measure up to those of the past in terms of weekly wages and hours, or in the degree to which they support households or even individuals.


2010 ◽  
Vol 23 (2) ◽  
pp. 187-220 ◽  
Author(s):  
Thomas A. Stapleford

ArgumentCreated in 1884, the U.S. Bureau of Labor Statistics (BLS) has been the major federal source for data in the United States on labor-related topics such as prices, unemployment, compensation, productivity, and family expenditures. This essay traces the development and transformation of formal and informal consulting relationships between the BLS and external groups (including academic social scientists, unions, businesses, and other government entities) over the twentieth century. Though such a history cannot, of course, provide a comprehensive analysis of how political values have shaped the construction of labor statistics during this period, I argue that it can nevertheless provide important insights into the political context for the construction of knowledge about American workers and their living and working conditions.


Author(s):  
Sarah Rees ◽  
Arfon Rees

ABSTRACTObjectivesThe SAIL databank brings together a range of datasets gathered primarily for administrative rather than research processes. These datasets contain information regarding different aspects of an individual’s contact with services which when combined form a detailed health record for individuals living (or deceased) in Wales. Understanding the quality of data in SAIL supports the research process by providing a level of assurance about the robustness of data, identifying and describing where there may be sources of potential bias due to invalid, incomplete, inconsistent or inaccurate data and therefore helping to increase the accuracy of research using these data. Designing processes to investigate and report on data quality within and between multiple datasets can be a time-consuming task to undertake; it requires a high degree of effort to ensure it is genuinely meaningful and useful to SAIL users and may require a range of different approaches. ApproachData quality tests for each dataset were written, considering a range of data quality dimensions including validity, consistency, accuracy and completeness. Tests were designed to capture not just the quality of data within each dataset, but also to assess consistency of data items between datasets. SQL scripts were written to test each of these aspects: in order to minimise repetition, automated processes were implemented where appropriate. Batch automation was used to called SQL stored procedures, which utilise metadata to generate dynamic SQL. The metadata (created as part of the data quality process) describes each dataset and the measurement parameters used to assess each field within the dataset. However automation on its own is insufficient and data quality process outputs require scrutiny and oversight to ensure they are actually capturing what they set out to do. SAIL users were consulted on the development of the data quality reports to ensure usability and appropriateness to support data utilisation for research. ResultsThe data quality reporting process is beneficial to the SAIL databank as it provides additional information to support the research process and in some cases may act as a diagnostic tool, detecting problems with data which can then be rectified. ConclusionThe development of data quality processes in SAIL is ongoing, and changes or developments in each dataset lead to new requirements for data quality measurement and reporting. A vital component of the process is the production of output that is genuinely meaningful and useful.


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