9,376 research outputs found

    Why Are There Revisions to the Jobs Numbers?

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    At the beginning of each month, the Bureau of Labor Statistics (BLS) reports the change in payroll employment for the previous month. This estimate of jobs gained or lost over the month is closely watched by policymakers and those who work in financial markets and the media. When the estimate is revised in subsequent months, however, data users sometimes perceive a very different picture of the job market than what was initially reported. Data users frequently ask why the number was revised. The short answer is, the revised estimate includes additional information that was not available at the time of the initial release— information that makes the revised estimate more accurate. This BEYOND THE NUMBERS article explains the data collection process that BLS conducts every month to produce the estimate of U.S. employment. The article also should help clarify why BLS releases revisions to the initial estimate so that users will understand the change, if any, in the data

    A History of Maintenance: Implementing MP2

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    This document was created to help maintenance departments in reducing downtime. The main focus of this manual is to teach maintenance personnel how to implement and use the CMMS program known as MP2. By using MP2, problem areas within a plant can be identified and tracked by electronically storing equipment information. This method will ultimately lead to less reactive maintenance and more preventive maintenance, which will therefore lessen downtime
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