Current Population Survey

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DEFINITION

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 EXPLAINS

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.


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