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 Virgin Islands Department of Labor will collect, analyze, and publish statistical data on employment, unemployment, and wage statistics in the U.S. Virgin Islands under a $423,352.75 cooperative agreement award from the Department of Labor's Bureau of Labor Statistics. The award supports the Labor Force Statistics federal grant program (CFDA 17.002), which aims to provide statistical data on the civilian labor force, employment and unemployment, wages, hours, earnings, and occupational employment. Specifically, the recipient will work in partnership with the Bureau of Labor Statistics to release this economic data for use by federal, state, and local governments in assessing labor market conditions and developing workforce policy. Private industry also utilizes the statistical products for labor market analysis. No subawards are planned under this cooperative agreement, which runs from October 1, 2022 to September 30, 2023.

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.