Employment, Microeconomics


The calculations of human input in the production procedure. In the United States, there are two major measures of employment, as determined by the Bureau of Labor Statistics. The first is the Household Survey of Employment, which measures the employment position of the population by counting the number of employed persons, regardless of how many jobs one person may carry. The second is the Establishment Survey of Employment, which calculate the number of payroll jobs in the non- farm economy, and not the number of persons who carry them.

Posted Date: 10/16/2012 6:09:34 AM | Location : United States

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