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Fifty years ago, on Labor Day, Gerald Ford signed into law the Employment Retirement Income Security Act (ERISA). While federal, state, and local laws do not require establishments to provide retirement benefits, ERISA established standards in case they do. This Spotlight on Statistics highlights recent data on retired persons and retirement benefits for private industry workers.
In September 2003, BLS issued the first news release of the Business Employment Dynamics (BED) data series, presenting 42 quarters of gross job gains and gross job losses for the private sector of the U.S. economy. Since then, BED has published 82 quarterly releases and expanded its measures of job gains and losses. We celebrate the BED's twentieth anniversary and look forward to the future with more data spotlighting the underlying dynamics of the labor market.
Foreign-born Hispanic or Latino workers made up 8.2 percent of the employed U.S. workforce, but 14.0 percent of work-related fatalities in 2021. This Spotlight explores the industries, occupations, and events related to these fatalities.
This Spotlight compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors. In 2022, 69.6 percent of the employed worked in for-profit businesses, 6.5 percent worked in nonprofit organizations, 13.4 percent worked for the government, and 10.4 were self-employed. Have you wondered about how much people who work for nonprofits earn, or which groups of people are most likely to work for themselves?
In 2022, 10.1 percent of workers in the United States belonged to a union. This Spotlight on Statistics focuses on union membership, strike activity, and compensation in 2022.