Cool College Startups

The U.S. Bureau of Labor Statistics states that its role is as the "principal fact-finding agency for the federal government in the broad field of labor economics and statistics."The data that the bureau provides via its website are available to anyone, free.This can represent a treasure trove of business intelligence and data mining for those who take advantage of this resource.

Visit the websitewww.bls.gov

Review the different types of information that this site provides.

You have been assigned the responsibility for identifying at least 3 locations to target for the initial start-up.Identify at least 5 categories of information to use in making this decision.Define a rating for the values in each category:Ex: Unsatisfactory - Yellow; Satisfactory - Green(Some may not be coded as they were neutral.)

Use spreadsheet in Excel to gather this information.The categories should be identified in columns, with the locations in rows.Complete the spreadsheet with the information gathered from the website.Format the cells based on your value ratings.

Along with attaching the spreadsheet to this assignment, in text:

• Identify the criteria that you selected and the reason for their selection.
• Explain your findings.
• How would this information benefit a new start-up business?