iFANN
    Last updated
    Bureau of Labor Statistics
    Government Statistics

    Bureau of Labor Statistics

    United States flagUnited States

    "Statistics you can trust"

    Founded 1884 Postal Square Building, Washington, D.C.
    Community

    About

    Established in 1884, the Bureau of Labor Statistics serves as the principal fact-finding agency for the United States Department of Labor. Based in the Postal Square Building in Washington, D.C., this independent statistical unit generates essential data on labor market activity, working conditions, and price changes. The agency functions without commercial revenue, relying instead on congressional appropriations to maintain its mission of providing impartial information to policymakers, businesses, and the public.

    The organization leads its work through a Commissioner of Labor Statistics who reports directly to the Secretary of Labor. To preserve data integrity, release schedules are coordinated with the Office of Management Budget over a year in advance. This protocol shields critical economic indicators from political influence while ensuring consistency. The agency produces foundational metrics including the Consumer Price Index, the monthly Employment Situation Summary, and detailed records on wages and productivity.

    Products & Sub-brands

    Consumer Price IndexEmployment Situation SummaryOccupational Outlook HandbookNational Longitudinal Survey of Youth

    Frequently Asked Questions

    Who owns the Bureau of Labor Statistics?
    The BLS is a federal agency owned and operated by the United States Department of Labor. It is funded by taxpayer dollars and operates as a public utility for economic data rather than a private corporation.
    Who is the CEO of the Bureau of Labor Statistics?
    The agency does not have a CEO. It is led by the Commissioner of Labor Statistics, an official appointed by the President and confirmed by the Senate to oversee operations.
    Is the Bureau of Labor Statistics still in business?
    Yes, the BLS remains fully operational. It continues to release critical monthly reports such as the Jobs Report and CPI as a cornerstone of the U.S. federal statistical system.
    What is the difference between the BLS and the Fed?
    The BLS gathers and analyzes raw economic data like employment and inflation numbers. The Federal Reserve uses that data to make monetary policy decisions, such as setting interest rates.
    How accurate is the Bureau of Labor Statistics data?
    The BLS adheres to strict standards of impartiality and accuracy. It releases data based on extensive surveys and established methodologies to ensure findings reflect current economic realities without bias.

    Keywords

    labor statisticsemployment datainflation measurementconsumer price indexUS Department of Laboreconomic indicatorswage analysisunemployment rate

    Sources

    Bureau of Labor Statistics Official SiteWikipedia EntryUSA.gov Agency ProfileInvestopedia OverviewThe Hill September Jobs Report

    Company Info

    Founded
    1884
    Headquarters
    Postal Square Building, Washington, D.C.
    Industry
    Government Statistics
    Parent Company
    United States Department of Labor
    Parent Organization
    United States Department of Labor
    Key Release Schedule
    Coordinated with Office of Management and Budget one year in advance
    September 2026 Job Growth
    29,000 jobs added

    Official Website

    www.bls.gov/

    Links

    Join the community

    fans discussing