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Improved Timeliness Of Geographic Data Through Automation Of The Current Employment Statistics Program

Kenneth Shipp

Abstract

The demand for economic data on a timely basis has never been greater. Government policy makers and businesses need current information to make decisions affecting interest rates, taxes, investment, and plant locations. Reliance on old methods of collection and delivery are not sufficient in an information age where relevant punctual data is needed to make better government policies and better private sector decisions. This paper describes how the Bureau of Labor Statistics and State Employment Security Agencies have responded to improve the timeliness and release of geographic economic data using new technologies. The release of comprehensive state and area employment data were published 10 weeks after the collection period. This recent BLS initiative reduced that time to 7 weeks.