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Occupational Outlook Handbook:Bureau of Labor Statistics. The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Its mission is to collect, analyze, and disseminate essential economic information to support public and private decision-making. As an independent statistical agency, BLS serves its diverse user communites by providing products and services that are objective, timely, accurate, and relevant.