Bureau of Labor Statistics(redirected from Labor Statistics, Bureau of)
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Bureau of Labor Statistics (BLS)
Bureau of Labor Statistics
A bureau of the U.S. Department of Labor responsible for the collection and publication of statistics on the state of the American economy. It publishes various statistics on employment and unemployment and is responsible for compiling the Consumer Price Index, which measures inflation. To avoid the appearance of partiality toward the policies of one political party or the other, it schedules the publications of its statistics more than a year in advance.