Abbreviation for Bureau of Labor Statistics, a U.S. government agency that collects and analyzes employment and economic data.
Acronym formed from the initial letters of 'Bureau of Labor Statistics,' established in 1884 to track labor market trends.
The BLS publishes the jobs report that can move stock markets and influence Federal Reserve decisions—every month, millions of people anxiously await what 'BLS says' about employment, making this acronym surprisingly powerful.
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