TED: The Economics Daily

Driver/sales workers are one of many occupations covered by the Occupational Requirements Survey (ORS). With the latest data release, ORS introduced a new type of estimate, ranges, which expanded the data available for driver/sales workers and other occupations. Let’s look at some ORS estimates, including the new range estimates denoted as striped columns or bars, that can help us understand the occupational requirements for workers.

Prices for U.S. imports, all commodities, increased 0.4 percent over the year ended March 2024, the first 12-month increase since January 2023.

In March 2023, 15 percent of private industry workers had access to a defined benefit plan. Defined benefit plans provide employees with guaranteed retirement benefits based on plan formulas. Defined contribution plans determine the value of individual accounts based on the amount of money contributed and the rate of return on the money invested. This type of plan was more widely available to private industry workers as 67 percent of workers had access.

The Producer Price Index for final demand increased 2.1 percent for the 12 months ended in March 2024, the largest advance since rising 2.3 percent for the 12 months ended April 2023.