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PAY & BENEFITS   •  May 2020  •  Volume 9 / Number 7

Comparisons of hourly wage estimates by location, work levels, hours, and other factors

Comparisons of hourly wage estimates by location, work levels, hours, and other factors

This Beyond the Numbers article shows ways in which modeled wage estimates can be used to compare wages by location, hours worked, pay method, and work level. The article also describes some enhancements to these data. It uses examples from the 2018 Modeled Wage Estimates publication, which has a reference year of 2017.

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GLOBAL ECONOMY

How tariffs relate to BLS import and export price indexes

Curious Bureau of Labor Statistics (BLS) data users may find themselves asking a number of questions. What are tariffs? How do they work? Do tariffs have an impact on prices published by BLS? This Beyond the Numbers article describes the basics on tariffs and how they relate to a particular BLS data series: the U.S. Import and Export Price Indexes.
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EMPLOYMENT & UNEMPLOYMENT

Inside the decline of sales occupations

Overall, sales occupations are projected to decline between 2018 and 2028, but there is variation within this occupational group depending on the specific role. This Beyond the Numbers highlights a few detailed occupations in the sales occupational group, examining the diverse factors influencing their projected employment changes.
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PRICES & SPENDING

A historical look at soybean price increases: What happened since the year 2000?

Data from the U.S. Bureau of Labor Statistics (BLS) Producer Price Index (PPI) program show an overall increase in soybean prices over the past 20 years. From January 1999 to December 2018, prices increased by 61.7 percent. This Beyond the Numbers article will focus on three periods (2003–04, 2006–08 and 2012–14) and examine the irregularities in the supply and demand for soybeans within each period. Each time frame includes various causes for the surge in the prices of soybeans.
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