The unemployment rate that is typically reported in the media is ________.
A)based on a survey from 150,000 business establishments on weekly earnings,number of workers and hours worked
B)reported on a monthly basis by the Bureau of Labor Statistics (BLS)
C)based on a survey of 150,000 households
D)reported by the Federal Reserve
E)none of the above

Question

Quizplus · Accepted Answer

The unemployment rate typically reported in the media is based on the monthly survey conducted by the Bureau of Labor Statistics (BLS). The survey collects data from a sample of households to estimate the unemployment rate for the entire population.

The Unemployment Rate That Is Typically Reported in the Media