Survey Reference Week

Survey Reference Week is the designated period to which survey responses and reported economic conditions refer, providing a consistent time frame for measuring population and labor-market activity. In a household or business survey, respondents report employment, hours, job search, income, or other conditions observed during that week, while statistical agencies apply standardized definitions to classify and aggregate the responses. In macroeconomics, fixing the reference period improves comparability across respondents and survey cycles, supports estimates of employment and unemployment, and helps analysts interpret changes in economic conditions. Understanding it is essential when evaluating monthly indicators, seasonal patterns, and revisions to official statistics.

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JoVE Business - Macroeconomics

The Household Survey I

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2025

The U.S. Census Bureau conducts the Household Survey for the Bureau of Labor Statistics. It is also called the Current Population Survey (CPS). This survey provides key data on employment, unemployment, and labor force participation.The CPS samples approximately 60,000 households each month. It covers the civilian noninstitutional population aged 16 and older, excluding individuals who are incarcerated or living in long-term care facilities. The data collection process involves Census Bureau...

The Establishment Survey

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2025

The Bureau of Labor Statistics (BLS) uses two key monthly surveys to track employment in the United States. The first is the household survey, also known as the Current population survey or CPS, which collects information from households. The other is the establishment survey, also known as the Current Employment Statistics Survey or CES, where information is collected from business establishments.Most data in the CES is collected through telephone interviews or online reporting by...

The Household Survey II

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2025

The Household Survey or the Current Population Survey (CPS) is an important survey conducted monthly by the U.S. Census Bureau for the Bureau of Labor Statistics (BLS). It provides essential data such as employment status, and workforce participation, in the United States. The CPS classifies individuals into three broad categories: employed, unemployed, and not in the labor force. These classifications are fundamental for calculating labor force statistics, including the unemployment rate.The...

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