NoteCards Macro

NoteCards Macro - Establishment survey (payroll survey):...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Establishment survey (payroll survey): samples 300000 business establishments to measure total employment in the economy. This establishment survey provides information on the total number of persons who are employed and on a company payroll. Change in persons employed is equal to: The change in the number of persons employed is equal to the total number of jobs created minus the number of jobs eliminated. Frictional unemployment: is short-term unemployment that arises from the process of matching workers with jobs
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
refers to unemployment due to factors such as the weather, variations in tourism, and other calendar-related events. Seasonally adjusted unemployment: The BLS reports two unemployment rates each month. This one eliminates the effects of seasonal unemployment. structural unemployment: arises from a persistent mismatch between the job skills or attributes of workers and the requirements of jobs. Cyclical Unemployment:
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 7

NoteCards Macro - Establishment survey (payroll survey):...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online