How Unemployment Rate Is Calculated (VIDEO)

Before tomorrow’s July BLS jobs report, here’s a good primer on how the unemployment component of the monthly report is collected and reported. See link below video for more on other key data points in BLS’s monthly jobs reports (and check back tomorrow for analysis and rate reaction to the July jobs results).

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Related:
– Follow Bloomberg’s DC reporter @HansNichols

– Inside June’s BLS Jobs Report

– July Jobs Report Preview (CalculatedRisk)