Unemployment rate is the total amount of able-bodied population expressed as relative quantity. The level itself is calculated as follows. Every month Bureau of Labor Statistics of the U.S. Department of Labor conducts survey of 60 000 households and more than 375 000 enterprises - the establishment survey. Fundamentals of surveys include such statistical data as:
For Household survey: age, sex, marital status, employment status.
For the Establishment survey: average weekwork, average hour earnings, wages.
Estimate of GDP by the National Institute of Economic and Social Research, Great Britain, represents the report about change of GDP for the recent three months calculated according to statistical algorithm.
NIESR is one of the oldest and most influential institutes in Great Britain specializing in independent economic research.
Unemployment rate is the total amount of able-bodied population expressed as relative quantity. The level itself is calculated as follows. Every month Bureau of Labor Statistics of the U.S. Department of Labor conducts survey of 60 000 households and more than 375 000 enterprises - the establishment survey. Fundamentals of surveys include such statistical data as:
For Household survey: age, sex, marital status, employment status.
For the Establishment survey: average weekwork, average hour earnings, wages.
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