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Unemployment Rate
Terminology
12
Mathematics
Not Applicable
04/09/2005

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Term
Unemployment Rate
Definition
It's estimated using the Current Population Survey.
Term
Current Population Survey
Definition
It's more complicated than simple random sampling. It's based on a nationwide probability sample of about 110,000 persons that are interviewed monthly.
Term
PSUs
Definition
Primary Sampling Units
Term
Primary Sampling Units
Definition
Consists of either a city or a county or a group of contiguous counties.
Term
USUs
Definition
Ultimate Sampling Units
Term
Ultimate Sampling Units
Definition
Consists of about 4 housing units each. Surveyed every person in the housing unit who was 16 or older.
Term
Panel bias
Definition
When people are regularly surveyed, their actual reponses may be changed as a result. This is called ...
Term
Unemployment Rate
Definition
It's the percentage of the civilian labor force which is unemployed.
Term
Cluster Samples
Definition
They are less informative than simple random samples of the same size, so therefore the simple random sample formulas do not apply.
Term
weights
Definition
Clustering tends to reduce the precision of the Bureau's estimates, adding .......improves the precision.
Term
Half-sample method
Definition
To obtain Standard Error for the cluster samples, you can use the ........., by splitting the sample into two halves and see how well they agree.
Term
Bias
Definition
More hard to detect than chance error, especially if it operates more or less evenly across the sample. You have to look beyond the sample data to find it.
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