| The Unemployment Rate |
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The household survey doesn't give much reliable information because of its smaller research sample unlike the establishment survey as it was mentioned above. Though, this survey worth mentioning as far it gives the daily figures of unemployment rate. It is worthless of much explanation but still you should be attentive as it can change considerably each month because of the data uncertainty. This rate is calculated by dividing the amount of unemployed people (of the labor force) by the total amount of the labor force. The figures of labor force and unemployment fluctuate due to the small sample size even more than non-farm payrolls, which is an important problem. Nevertheless, these figures show whether the unemployment changes are caused by the abnormal moves of both indicators or by the only one. |
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