February 22, 2017
In 2016, there were 15 major work stoppages, an increase from 12 major work stoppages in 2015. These work stoppages involved 99,000 workers, the most since 2012. These work stoppages resulted in 1,543,000 days idle, the greatest number since 2008. In the 70 years that the U.S. Bureau of Labor Statistics has collected work stoppages data, the decade from 2007 to 2016 had the lowest number of work stoppages on record, averaging approximately 14 major work stoppages per year. Full Text »
Recent TED articles
Uncertainty about the direction of the financial markets affects the value of stocks and the costs to trade them. This Beyond the Numbers article examines the relationship between the Bureau of Labor Statistics Producer Price Index (PPI) for dealer transactions-equity securities and two major stock market volatility indicators. An analysis of these three measures shows a positive correlation.
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