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Employment & Unemployment Rate
key words
11
Mathematics
Not Applicable
04/06/2005

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Term
Unemployment rate
Definition
percentage of civillian labor force that is unemployed
Term
Bureau of Labor Statistics
Definition
agency in charge of employment numbers
Term
Current Population Survey
Definition
this is a way to estimate the unemployment rate in the U.S.
Term
half-sample method
Definition
splitting the sample into two halves and seeing how well they agree
Term
what does PSU stands for?
Definition
Primary Sampling Unit
Term
what is the unit in PSU consist of?
Definition
a city or a county
Term
what does USU stands for?
Definition
Ultimate Sampling Units
Term
how many units does USU contains?
Definition
4 housing units
Term
whwat are being selected at random at second stage of the survey?
Definition
USU and every person 16+ ages are added to sample
Term
which sample has more information when size is consider to be the same for both cluster sample and simple sample?
Definition
simple sample
Term
what is the purpose of having a Current Population Survey sample?
Definition
to compute a standard error properly
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