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…

This cooperative agreement award from the Department of Labor's Bureau of Labor Statistics provides $499,080.44 to the New Mexico Department of Workforce Solutions to collect, analyze, and publish statistical data on employment, unemployment, and wage statistics according to the Labor Force Statistics federal grant program (CFDA 17.002). The recipient will work in partnership with the Bureau of Labor Statistics to release labor market data and provide additional state analysis to help disseminate the estimates. Federal, state, and local governments utilize these economic statistics under the Labor Force Statistics program to assess the economy and develop policy. Private industry also uses the statistical products for labor market analysis. No sub-awards are planned under this cooperative agreement, which began on October 1, 2022 and will conclude on 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.