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The Bureau of Labor Statistics (BLS) is a federal government agency that collects, processes, analyzes, and disseminates data on labor and employment in the United States. The BLS is a part of the U.S. Department of Labor and is responsible for providing information on a wide range of topics, including employment and unemployment levels, consumer price inflation, and productivity.
The BLS collects data through a variety of surveys and reports, including the monthly Employment Situation report, which provides data on the number of jobs created or lost in the economy. The BLS also publishes a range of other reports, such as the Consumer Price Index (CPI), which measures changes in the prices of goods and services consumed by households. The BLS is a valuable source of information for policymakers, businesses, and individuals seeking to understand the U.S. labor market and economy.
