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Article: Understanding the employment measures from the CPS and CES survey: the monthly BLS "Employment Situation" news release includes two distinct employment measures from two different surveys; although these measures track well over the long term, occasional differences in trend have confounded labor market analysts.(Employment Measures)(Current Population Survey )(Current Employment Statistics )(Survey)
- Article from:
- Monthly Labor Review
- Article date:
- February 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Each month, the Bureau of Labor Statistics (BLS, the Bureau)releases data on current employment in the "Employment Situation" news release. The data come from two different surveys: the Current Population Survey (CPS), also known as the household survey, and the Current Employment Statistics (CES) survey, also known as the establishment or payroll survey. These data are important indicators of the strength of the labor market and provide an early snapshot of the state of the Nation's economy.
Although both surveys measure employment in the United States, they have different definitions of employment, along with different samples, estimation procedures, and ...