The 'Bureau of Labor Statistics' ('BLS'), a unit of the
United States Department of Labor, is the principal fact-finding agency for the
U.S. government in the broad field of
labor economics and
statistics. The BLS is an independent national statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the
U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the
Department of Labor.
The BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today’s rapidly changing economic conditions, accuracy and consistently high statistical quality, and impartiality in both subject matter and presentation.
History
The Bureau of Labor was established in the
Department of the Interior by the Bureau of Labor Act (23 Stat. 60), June 27, 1884, to collect information about employment and labor. It became an independent (sub-Cabinet) department by the Department of Labor Act (25 Stat. 182), June 13, 1888. It was incorporated, as the Bureau of Labor, into the
Department of Commerce and Labor by the Department of Commerce Act (32 Stat. 827), February 14, 1903. Finally, it was transferred to the
Department of Labor in 1913 where it resides today. The BLS is now headquartered in the
Postal Square Building near the
Capitol and
Union Station. The Acting Commissioner of the BLS is Phil Rones.
Structure
Statistical reporting
Indices and statistics produced by the BLS include:
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U.S. Consumer Price Index
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National Compensation Survey
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Employment Cost Index
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Employer Costs for Employee Compensation
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Producer Price Index
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Consumer Expenditure Survey
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Unemployment rate
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Productivity
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U.S. Import and Export Price Indices
★ Statistics on
wages,
earnings, and benefits by area, occupation, and industry
★
Ten year occupational employment projections
Publications
Selected BLS publications include:
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Monthly Labor Review
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Occupational Outlook Handbook
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Career Guide to Industries
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Occupational Outlook Quarterly
See also
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National Income and Product Account
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GNP
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Bureau of Economic Analysis
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Economic reports
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Index of Leading Indicators
External links
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Bureau of Labor Statistics webpage
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Labor Statistics Bureau Meeting Notices and Rule Changes from The Federal Register
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