Q:

What retirement statistics are available from the U.S. Bureau of Labor Statistics?

A:

Quick Answer

The U.S. Department of Labor's Bureau of Labor Statistics has data about various demographics of retired persons as well as comprehensive information about retirement plans and benefits, according to the official agency website. Statistics are available for different occupational and industry groups, types of workers and geographic areas.

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Full Answer

The National Compensation Survey is one source of data available through the Bureau of Labor Statistics, notes the agency's website. This survey provides comprehensive statistics about retirement benefits, including defined contribution and defined benefit retirement plans, the costs of these plans, and employer contributions to Social Security. Related statistics include information about which employees have access to certain retirement plans as well as who participates in the plans. The website sorts statistics about retirement benefits by industry, type of job, union membership, full- or part-time status and geographic region. Information also is available on how much employers spend on retirement plans for their employees.

The Bureau of Labor Statistics is an independent, fact-finding federal agency within the U.S. Department of Labor that collects, analyzes and distributes economic and labor information, according to the agency website. The statistics gathered measure U.S. labor market activity, wages, worker productivity, inflation in the American economy and other related topics.

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