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EMPLOYMENT & UNEMPLOYMENT • Feb 2021 • Volume 10 / Number 4
Ben Franklin’s lightning experiments led to Thomas Edison’s light bulb, which led to the use of motors and machines that powered the world in the 20th Century. Now electricity is the driving force behind modern society, powering everything from the lights in our homes and offices, to our cell phones, and many of the tools we use for everyday tasks like cooking and cleaning.
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This Beyond the Numbers article examines the impact of COVID-19 on firms in the air travel and accommodation (e.g., hotels) industries using the new input to industry indexes as well as the Producer Price Index (PPI) output price indexes for these industries.
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This Beyond the Numbers article analyzes employment trends in retail trade since 2010, using data from the Current Employment Statistics (CES) survey. It also examines the growth in retail sales with emphasis on e-commerce sales, both from the U.S. Census Bureau, and in relation to employment in retail trade.
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Science, technology, engineering, and mathematics (STEM) occupations are projected to grow over two times faster than the total for all occupations in the next decade. The U.S. Bureau of Labor Statistics (BLS) 2019–29 employment projections show that occupations in the STEM field are expected to grow 8.0 percent by 2029, compared with 3.7 percent for all occupations.
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