Reported about 6 hours ago
The US Labor Department's Bureau of Labor Statistics is hiring approximately 25 part-time assistant economists to aid in the Consumer Price Index (CPI) program. This move comes amidst scrutiny over significant revisions to payroll figures and challenges in economic data collection. The BLS has suffered funding cuts and staff reductions, leading to a reliance on statistical imputations for data estimation. Additionally, the Commerce Department's Census Bureau is also hiring field workers to support data collection efforts.
Source: YAHOO