Establishment Payroll Survey
What is the Establishment Payroll Survey?
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What is the Establishment Payroll Survey?
When the unemployment report comes out each month, the Bureau of Labor Statistics (BLS) also reports on the number of jobs created—which comes from the establishment payroll survey. The payroll survey is based on a survey of about 147,000 businesses and government agencies throughout the United States. It generates payroll employment estimates by the following criteria: all employees, average weekly hours worked, and average hourly, weekly, and overtime earnings. One of the criticisms of this survey is that it does not count the self-employed. It also does not make a distinction between new, minimum wage, part time or temporary jobs and full time jobs with “decent” pay.
Related Topics
- What is the US Labor Force?
- Out of the Labor Force
- Labor Force Participation Rate
- Establishment Payroll Survey
- Bureau of Labor Statistics
- Unemployment
- Underemployed
- Full Employment Equilibrium
- Okun's Law
- Issues with Measuring Unemployment
- Sticky Wage Theory (Economics)
- Implicit Contract Theory of Wages
- Efficient Wage Theory
- Adverse Selection of Wage Cuts Argument
- The Insider-Outsider Model
- Relative Wage Coordination Argument
- Natural Rate of Unemployment
- Frictional Unemployment
- Structural Unemployment
- Labor Productivity - Explained
- Okun's Law
- How does U.S. unemployment insurance work?
- National Average Wage Index
- Job Openings and Labor Turnover Survey
- Labor Surplus Area - Explained
- Lump of Labor Fallacy - Explained
- Bureau of Labor Statistics
- ADP National Employment Survey
- Labor Theory of Value - Explained
- Wage Elasticity of Labor Supply