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Bureau of Labor Statistics

stats.bls.gov/..
Category: Websites
Best source for U.S. employment, consumer spending, and inflation data.
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Website ok
website is ok. You do get lots of good info there. Gives you a great overview of labor markets and sentiment out there... but I'm thinking can probably get the same info from many other sites....

Disagree with other reviewer, given that BLS is a government agency, I do not believe BLS is esp. inefficient or bearocratic or a bad place to work. I believe USPTO is the worst gov. agency to work for and USDA to be among the most inefficient.

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Luke11 Charleston, SC

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"Best source..." ... "data," like real data? BWAHAHAHAHHAHA
yea, effective PPIs & CPIs are just rosy, very mild inflation...hell, there's deflation out there!

What a bunch of BS. Effective spreads vs quoted spreads, people...the movers of the market bluff all the time, it tenderizes the sheep, makes em tastier for the big boys.

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Tommy_Kurtz Hickory Tree, NC

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BLS is archaic
The BLS is a very bureaucratic agency, it plays an important role providing CPI, PPI, Unemployment, etc. which we depend on.... but BLS is terribly inefficient. I did an internship with them and was very unimpressed with typical employee work habits.

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Angelajk Ellicott City, MD

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Very outdated, but usefull
This is a great research website. It gives you great statistics for research in given industry/career.

The only con from my perspective is that they are a little outdated.

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You can't spell BLS without BS.
The BLS is a useful agency, it provides a lot of data people take for granted (CPI, PPI, Unemployment, Inflation etc) and as far as I know there really is no viable alternative. Businesses all over the US depend on this data for a wide variety uses , inclduing lease adjustments, purchasing, hiring etc.

as you can imagine the site is dense and pratically needs a user's manual just to decipher it and find what you want. It is after all gov't website and about designed as cleanly as any of those bureaucratic nightmares are. But once you do know what to look for there, there is a lot to be explored.

that being said, their data is heavily massaged and a sense of context can leave you a little angry

The Most famous perhaps is U-6 unemployment, which is a number you won't commonly hear tossed around. However this is the measure that supposedly was the one used in the Great Depression. You don't want to know what it says right now, let's just say it's not the ~10% number you hear in the media. Not even close.

You may not know this but the unemployment numbers you hear tossed around aren't calcuated the same way they did it even thirty years ago. Let's just say it's been altered to "better reflect" actual employment, meaning they add in adjustments to make the news sound better than it actually is.Some of them are really poorly thought out like The Birth/Death adjustment, which works ok in small changes, but has major errors in years of major changes.

I don't want to even look at how they calculate CPI, there is a mess of odd exclusions.

Well it's still useful to get data directly form the horse's mouth and that's what the BLS website is.

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