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How is data to determine the unemployment rate derived?

April 26, 2017Data derived determine rate unemployment

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How is data to determine the unemployment rate derived?

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The Current Population Survey (CPS) is a monthly household survey of the U.S. population conducted for the Bureau of Labor Statistics (BLS) by the Bureau of Census, of 56,000 selected households across the United States. Respondents are interviewed to obtain information on the employment status of each household member age 16 and over, during the reference week of the 12th of each month. Each state is allocated a portion of the survey for their statewide and county estimates.