The purpose of the grant is to collect, analyze, and publish statistical data on employment, unemployment, and wage statistics according to the wagner-peyser act as amended by the workforce innovation…

The Vermont Department of Labor will receive $722,606.04 through September 30, 2023 from the Department of Labor Bureau of Labor Statistics under the Labor Force Statistics federal grant program (CFDA 17.002). The purpose of this cooperative agreement is to collect, analyze, and publish statistical data on employment, unemployment, and wage statistics in accordance with the Wagner-Peyser Act and Workforce Innovation and Opportunity Act. The Department will work in partnership with state workforce agencies to gather labor market data and produce estimates, which will be used by federal and state governments as well as the general public to monitor the economy, develop workforce policies, and conduct labor market analysis. No subawards are planned under this agreement.

The purpose of the grant is to collect, analyze, and publish statistical data on employment, unemployment, and wage statistics according to the wagner-peyser act as amended by the workforce innovation and opportunity act (WIOA). Activities performed BLS releases data in partnership with the state workforce agencies (SWAS), which collect data, provide additional state analysis and help disseminate the estimates. Deliverables federal and state governments, and the general public use data to generate unemployment statistics, identify labor surplus areas, focus military recruitment efforts, conduct labor market analysis, develop national policy related to unemployment, and plan workforce training. The national personal income and gross domestic product statistics are also derived from this data. Intended beneficiary federal, state, and local governments use these economic statistics to assess the economy and develop policy. Private industry also use these statistical products for labor market analysis. Subrecipient activities the recipients do not intend to subaward funds.