Bureau Of Labor Statistics (BLS)
A government agency that produces economic data that reflects the state of the U.S. economy. This data includes the Consumer Price Index, the unemployment rate and the Producer Price Index. Investopedia Says:
This arm of the U.S. Department of Labor researches and publishes a range of data, from inflation and consumer spending to employment, productivity and wages, as well as other economic measures. These reports can have a significant effect on market sentiment. Related Terms:
Consumer Price Index - CpI
Department of Labor - DOL
Employment Cost Index - ECI
Initial Claims
Lagging Indicator
Man-Year
Market Sentiment
Non-Sampling Error
Organized Labor
Unemployment Rate |