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In the context of the data component of an information system, external data sources include Labour statistics.

Describe the labor statistics.

The book Concepts, Sources, and Procedures give a thorough explanation of the definitions and concepts that underlie Australian labor statistics as well as the information sources and methods that were utilized to create. One of Australia's most important sets of economic data is labor statistics. All human physical and mental effort utilized to produce commodities and services is collectively referred to as labor.

Statistics on labor are on people, their involvement in the labor force, their success in finding employment, their incomes and other benefits, the type of work they do, the hours they put in, and the conditions under which they do it. Through measures of the demand for labor (employment, job openings), the supply (employment, hours worked, unemployment, underemployment), and the price (employment, hours worked, unemployment, underemployment), labor statistics offer insight into the economy and the effects of labor market policy setting.

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