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Labor Department Collecting Building Industry Employment Data
The U.S. Department of Labor Bureau of Labor Statistics (BLS) is contacting home building industry professionals in order to collect wage and benefit information for the National Compensation Survey (NCS) and the Occupational Employment Statistics Survey (OES).
The information provided produces:
- The employment cost index, a principal federal economic indicator used by many businesses and organizations, including the Federal Reserve Board, in setting monetary policy
- The employers' cost for employee compensation, a measure of employer wage and benefit costs
- The employee benefits survey, which provides detailed estimates on benefits provided to America’s workers
- National and locality occupational employment and wage estimates
- Occupational employment statistics, a key input in the development of national and state occupational employment projections.
NAHB members are urged to participate, if contacted, in part because the information requested is useful in understanding employment issues specific to the construction industry and because NAHB economists use the data when providing industry forecasts.
BLS observes absolute confidentiality of survey information provided by employers and will help companies to complete the survey as efficiently as possible.
For more information, contact the Office of Compensation Levels and Trends at 202-691-6199, or e-mail ocltinfo@bls.gov.
For information benefit and wage data, the employment cost index, occupational employment statistics, occupational employment projections, consumer price index, producer price indexes and other economic statistics, visit the BLS Web site (bls.gov), or request information through its fax-on-demand service at 202-691-6325.
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