
The Bureau of Labor Statistics was established in 1884, in order to measure current labor market activity, working conditions, and price changes in the economy. As the principle fact-finding agency for the Federal Government, regarding labor economics and statistics, the BLS is responsible for collecting, analyzing, and disseminating economic information and statistical data to the American public, the U.S. Congress, other Federal Agencies, State and local governments, business, and labor. As an independent national statistical agency, the BLS analyzes current social and economic issues and today’s rapidly changing economic conditions, and reports their findings with impartiality in both subject matter and presentation. While the BLS can be a great resource for businesses in predicting business and employment trends; the BLS can help individuals watching industry trends in unemployment and potential job markets. To find out more on the U.S. Bureau of Labor Statistics visit their website at
www.bls.gov.