My latest column, out this morning, argues that “Congress should appropriate funds sufficient for BLS,” the government agency charged with collecting and constructing labor market data, “to expand its existing operations.”
Confusion about today’s labor market, anxiety about the future of jobs, a rapidly evolving economy and so many other reasons make now exactly the wrong time to diminish the government’s ability to collect and construct labor market data. But that is exactly what is happening, and may continue to happen.
You can read the whole column here.
If you want more, click here for something on the subject that is longer and more detailed (but not terribly so).
We had a similar problem with the Census Bureau a few years ago, which I wrote about here. Finally, click here for video of a great event we had at AEI on the federal statistical system in a Big Data world.
Data data data — how better to spend a Friday?