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Notes from

  • Each month the BLS provides two surveys that measure employment levels and their trends: the Current Population Survey (CPS), or the household survey, and the Current Employment Statistics (CES) survey, or the establishment survey.
  • Employment estimates from the payroll survey are a count of jobs, while the household survey provides an estimate of the number of employed people. If a person changes jobs and is on the payrolls of two employers during the same reference period, both jobs would be counted in the payroll survey estimates.
  • the unemployment rate is calculated from the household survey
  • questions:
    • The article talks about full-time jobs and part-time jobs. If a company hires a software engineer as a contractor (i.e. not as a full time employee), will it be count as a full-time job or part-time job?
    • Also, for contractors, there is a vendor and client. Does that count as two jobs or as one job?
diary/2024-04/2024-04-06.txt · Last modified: 2024/04/06 22:41 by raju