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What do the initials CPS stand for?

April 26, 2017CPS initials stand

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What do the initials CPS stand for?

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The initials CPS stand for Current Population Survey. The Bureau of Labor Statistics (BLS) sponsors this survey. The BLS uses the CPS to produce the official monthly unemployment data. In addition to the basic questions, each March field representatives ask respondents supplemental questions on their income and earnings during the previous calendar year.