Unemployment data are collected

Question

Quizplus · Accepted Answer

Unemployment data are primarily collected through a regular survey of about 60,000 households known as Current Population Survey (CPS) conducted by the Bureau of Labor Statistics (BLS). Although unemployment insurance claims may also provide some information, they only represent a portion of unemployed individuals who are eligible for benefits. The survey of firms, known as the Current Employment Statistics (CES), provides data on employment levels rather than unemployment rates. Therefore, option B is the correct choice.

Unemployment Data Are Collected