Topic

Employment and Labor Statistics

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Quizzes in Employment and Labor Statistics for HSC

U.S. Economy

Why might a payroll jobs total differ from a resident employment count?

Employer and household surveys cover different populations and methods
One count measures river length
All datasets count exactly the same units
The totals must be identical

Correct answer(s):

Employer and household surveys cover different populations and methods

U.S. Economy

How should a monthly employment estimate be reported?

As if it were a ten-year average
As a guaranteed permanent value
Without any time reference
With its month and whether preliminary or revised

Correct answer(s):

With its month and whether preliminary or revised

U.S. Economy

What does nonfarm payroll employment count?

Every person living in the state
Only unemployed residents
Jobs reported on nonfarm employers’ payrolls
Only unpaid family labor

Correct answer(s):

Jobs reported on nonfarm employers' payrolls

U.S. Economy

How is the unemployment rate calculated?

All employed workers divided by state GDP
Unemployed labor-force participants divided by the civilian labor force
Unemployed people divided by all residents including children
Workers in manufacturing divided by total land

Correct answer(s):

Unemployed labor-force participants divided by the civilian labor force