Question

Employment statistics in the US are often based on two nationwide monthly surveys: the Current Employment...

Employment statistics in the US are often based on two nationwide monthly surveys: the Current Employment Statistics survey and the Current Population Survey. The CPS samples approximately 60,000 US households and collects the employment status, job type, and demographic information of each resident in the household. The CES survey samples 140,000 nonfarm businesses and government agencies and collects the number of payroll jobs, pay rates, and related information from each firm.

  1. What is the population of the CPS survey?

  2. What is the population of the CES survey?

  3. For each of the following, state whether the CPS or CES results would be more accurate:

    1. Do larger companies tend to have higher salaries?

    2. What percentage of Americans are self employed?

    3. Are married men more or less likely to be employed than single men?

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