Friday, June 04, 2004
This is how employment statistics are figured out...
Employment statistics for the United States come from both the Current Population Survey (CPS)—also known as the household survey—and the Current Employment Statistics survey (CES), also known as the payroll survey. The household survey is a sample survey of about 60,000 households conducted by the U.S. Census Bureau for the Bureau of Labor Statistics (BLS). Its sample, based primarily on the U.S. Census, is designed to reflect the entire civilian noninstitutional population.
The payroll data are collected from employers' payroll records of about 400,000 individual worksites. This information is gathered by the BLS from a sample based on the unemployment insurance tax records. Both the household survey and payroll survey data are collected for the week of each month containing the 12th of that month. Click here for more info on employment stats.
8:54 AM
