A household survey is used to calculate
A) the unemployment rate.
B) the level of payroll employment.
C) both the unemployment rate and the level of payroll employment.
D) neither the unemployment rate nor the level of payroll employment.

Question

Quizplus · Accepted Answer

A household survey is one of the primary methods used by the government to calculate the unemployment rate. The survey asks people about their employment status, including whether they are employed, unemployed and searching for work, or not in the labor force. This information is used to calculate the percentage of the labor force that is unemployed. The survey is not used to calculate the level of payroll employment, which is typically measured using a separate survey of businesses.

A Household Survey Is Used to Calculate