CPS (Current Population Survey) <Back to Last Page>     <Full Glossary>

Definition of CPS (Current Population Survey): The Current Population Survey (of the U.S.) is compiled by the U.S. Bureau of the Census, which is in the Dept of Commerce. The CPS is the source of official government statistics on employment and unemployment in the U.S. Each month 56,500-59,500 households are interviewed about their average weekly earnings and average hours worked. The households are selected by area to represent the states and the nation. "Each household is interviewed once a month for four consecutive months in one year and again for the corresponding time period a year later" to make month-to-month and year-to-year comparisons possible.

The March CPS is special. For one thing the respondents are asked about insurance then. (Econterms)

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