Which of the following measures the net change in jobs created for the month by generating...

Which of the following measures the net change in jobs created for the month by generating payroll employment estimates?

Select the correct answer below:

the labor force participation rate

the Current Population Survey

the establishment payroll

survey the rate of unemployment

Expert Solution

Answer: the establishment payroll.

Justification:

The establishment payroll survey (EPS) by the Bureau of Labor Statistics is a payroll survey that quantifies the net change in occupations made for the month.

The Current Employment Statistics (CES) program, otherwise called the payroll survey or the establishment survey, is a month to month overview of around 145,000 organizations and government offices speaking to roughly 697,000 worksites all through the United States. From the example, CES delivers and distributes work, hours, and income gauges for the country, states, and metropolitan zones at itemized industry levels.

It generates payroll employment estimates by the following criteria: all employees, average weekly hours worked, and average hourly, weekly, and overtime earnings.

Rahul Sunny answered 2 years ago

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