Current Population Survey

Dictionary Says

Definition of 'Current Population Survey'

A statistical survey that is performed by the U.S. Census Bureau of Labor Statistics on a monthly basis. The survey includes a representative sample of about 60,000 homes and focuses on those individuals who are 15 years and older to make an inferential assumption about the U.S. population as a whole.  
Investopedia Says

Investopedia explains 'Current Population Survey'

The survey seeks to determine the unemployment rate of certain regions, the earnings of person's surveyed, hours the respondent worked and other demographic factors as well. These demographic factors, such as age, sex and industry of work, determines the unemployment rate for the country.

Related Definitions

  • Bureau of Census

    A division of the federal government of the United States Bureau of Commerce that is responsible for conducting the national census at least once every 10 years, in which the population ...
    Read More »
  • Macroeconomics

    The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena such as changes in unemployment, national income, rate of ...
    Read More »
  • Unemployment Rate

    The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
    Read More »
    • Bureau Of Labor Statistics - BLS

      A government agency that produces economic data that reflects the state of the U.S. economy. This data includes the Consumer Price Index, the unemployment rate and the Producer Price Index.
      Read More »
    • Statistics

      A type of mathematical analysis involving the use of quantified representations, models and summaries for a given set of empirical data or real world observations. Statistical analysis ...
      Read More »
    • Sampling

      A process used in statistical analysis in which a predetermined number of observations will be taken from a larger population. The methodology used to sample from a larger population ...
      Read More »
    • Sampling Error

      A statistical error to which an analyst exposes a model simply because he or she is working with sample data rather than population or census data. Using sample data presents the risk ...
      Read More »
    • Metropolitan Statistical Area - MSA

      A formal definition of metropolitan areas established by the Office of Management and Budget, a division of the U.S. Government. Metropolitan statistical areas serve to group counties ...
      Read More »
    • Statistics Canada (StatsCan)

      Canada's government agency responsible for producing statistics for a wide range of purposes, including the country's economy and cultural makeup. Most notably, Statistics Canada ...
      Read More »
    • ABCD Counties

      Categories of U.S. counties devised by AC Nielsen Company that are based on U.S. Census Bureau population data and proximity to major metropolitan areas. A counties are the largest U.S. ...
      Read More »

Articles Of Interest

Partner Links